Entrepreneurs try to find gaps in the marketplace where consumers are not quite satisfied with the status quo. Successful entrepreneurs then fill in those gaps.
Both left and right now repeatedly push a myth: the myth that governments have been taken over by laissez-faire hard-core free-market economists who have turned the world into a landscape of untrammeled capitalism.
Harry Jaffa's disciples are rather sensitive to criticism.
Philosophy and Methodology
If governments do anything more than protect property rights, then they're too big.
Today is the birthday of Hans Hoppe, an outstanding libertarian theorist.
Labor and Wages
Federal labor laws increase monopoly power, reduce competition, and void free association, all in the name of "workers' rights."
Holcombe contends “political capitalism,” has come to replace market capitalism. We now have an economic system in which government and the private sector team up to exploit everyone else.
Working hard is a good thing, but it can only lead to high levels of wealth when combined with capital accumulation and entrepreneurship.