It is time to take the Christ out of Christmas, and turn the holiday into a guiltlessly egoistic, pro-reason, this-worldly, commercial celebration.
This talk examines the development, operation and performance of monetary systems in the absence of government intervention.
How currency monopolies promote booms and busts, and having a lender of last resort leads to moral hazard and financial instability.
Illegally downloading creative content online is all too easy. Unlike stealing a physical product from a store, there’s no need to stealthily conceal the merchandise, avoid security guards, or worry about magnetic security tags.
On the 15th anniversary of the worst domestic terrorist attack in history—September 11—a college student’s memorial flag display was destroyed three times.
Clear moral principles, such as honesty, make the right—the self-interested, win-win—course of action so much easier.
Society was not created by design to provide safety and security, but, instead, freedom and rights emerged and evolved out of more primitive forms of tribal and collective association as responses to considered injustices and abusive power.
Adam Smith was one of Hutcheson’s students in Glasgow, and his influence on Adam Smith was singularly significant, from everything from the importance of division of labor and the role of private property, to the normative notion of a free society based on a “system of natural liberty.”
The “moral” that Mandeville drew from his tale was that prosperous, wealthy and great societies only arise from men’s self-interested desires, and that is what made for successful civilizations:
Peikoff deserves praise for identifying the philosophical roots of totalitarianism.
In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.
Ayn Rand described Thanksgiving as “a typically American holiday . . . its essential, secular meaning is a celebration of successful production. It is a producers’ holiday. The lavish meal is a symbol of the fact that abundant consumption is the result and reward of production.”
Thanksgiving celebrates man’s ability to produce.
The group that most devalues my life is not abusive law enforcement nor white racism — though these exist and should be fought — it is black criminals.
Protectionism is not a recipe for prosperity—free trade is.