Human Nature and the “Perfect” Society
Man the producer must have freedom, while man the predator puts limitations on freedom.
Man the producer must have freedom, while man the predator puts limitations on freedom.
Hutcheson brought to Scottish philosophy a solid belief in natural rights and in the beneficence of nature.
DeLong misunderstood Volokh's nuanced position — which is not surprising, because he was prepared to declare Volokh insane.
<p>Joseph Schumpeter is smiling while the equity holders of Borders stock are crying.</p>
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.