Free Markets

This world-renowned merchant  seeks no fame for his business achievements. Yet there is no story more full of encouragement and inspiration for youth.

Romance starts with a first move. Just as it is the role of the entrepreneur to shoulder the risk of capital investment in order to potentially achieve profit, it is the role of an instigator to take the risk in the hope of finding romantic success. Without an entrepreneur, economic growth is unobtainable; without someone making a first move, romantic growth is unobtainable.

Socialism has simmered down to the advocacy of strong government, with this proviso: that that government is best which is run by socialists. Too many capitalists have made their peace with this system.

Contrary to what the president told the US Chamber of Commerce, government regulations deserve no credit for the invention and marketing of the auto-defrosting refrigerator and freezer.

Mises's notable theory of classes has been curiously neglected. By bringing it back into prominence, we have to abandon the cozy view that all of us, we and our privileged rulers alike, are in a continuing harmony of interest.

At least one reviewer was dismayed that everything had a price in the <i>True Grit</i> story. Indeed, Mattie Ross is constantly making economic calculations while trying to make the best deals she can.

Removing the ability of a lone societal institution to arrogate to itself the right to pronounce law and to decide cases would result not in disorder but in a legal framework that more perfectly reflects the norms of society.

In order to understand the tragedy of the euro and its history, it is important to be familiar with the two diverging and underlying visions and tensions that have come to the fore in the face of a single currency.