Al Hunt of the Wall Street Journal is excited. The leftist columnist believes that he has found a wonderful "Third Way" example of using government to help poor people without the whole thing becoming yet another socialist giveaway. However, as with most government schemes that Hunt and his statist media colleagues like to tout, the latest example of "social entrepreneurship" is simply another fraud at worst and a misuse of resources at best.
Richard Cantillon is virtually unknown today, but he pioneered a new way to examine social and economic affairs.
The Wright Brothers are so unusual from today's perspective, and still inspiring, because they did it all themselves. Tinkerers running an Ohio bicycle shop in the 1890s, the Wrights decided that by rethinking old assumptions and performing careful experiments good old Yankee ingenuity they could realize one of mankind's oldest dreams.
On-going coverage and analysis, from an Austrian and free-market perspective, of the government's attack on an American success story.
