It is capitalism and the competitive market process that generates solutions to the knowledge problems of the society, including the “informational asymmetry” that naturally follows from any developed social system of division of labor.
Harmful monopolies are always created by government.
Those who speak about being on the “right side of history” have, knowingly or not, adopted a central element in Karl Marx’s analysis of capitalism
In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.
Insinuating that he thinks gays deserve to die and stating clearly and explicitly that he aims to enact a religious government disqualify Moore from political office.
The essential moral case for finance that Brook and Watkins present is that finance is good by the standard of human flourishing.
Any element of self-sacrifice in war is a betrayal of our soldiers and the American freedom they fight for.
The free enterprise, or capitalist, system has done more to improve the material condition of humanity than any other economic arrangement of human cooperation in all of recorded history.
“Capitalism is an economic system based on the principle of every individual’s right to his own life, his own liberty and his own honestly acquired property. This private property includes his own mind and body, and the physical products that his mental and physical efforts have produced.”
Historically “liberalism” originally meant, and continues to mean for some, individual freedom, private property, free enterprise and impartial rule of law under constitutionally limited government.
Thinking on the job, and in every other aspect of life, is a virtue necessary for human flourishing.
As Ayn Rand explains, the only proper role of government is to protect citizens against the initiation of physical force and fraud, through the police, the armed services, and the courts.
Government cannot create jobs because it does not produce anything.
So how to deal with a workplace bully? The only effective way to do so is to apply appropriate moral principles: rationality, integrity and justice.
Governments and ideological movements, Rougier explained, wrap themselves in “mystiques” that serve as the rationales for claims to an ethical and legal right to rule.
The change from social attitudes and political systems of collectivism to that of ones more “individualistic” began in “the West,” in Europe and then North America.
Thanks to Ayn Rand and the objective moral principles she identified, we can make moral decisions more easily—and achieve our values in the long term.
Underlying the political collectivism of the anti-Columbus crowd is a racist view of human nature.
Should government be an all-knowing, benevolent nanny who tells us how we must live, for our own good?
Hamilton is an Enlightened, classical liberal, a more consistent champion of rights and liberty than any other Founder, thus an inspiring model for contemporary friends of liberty.
In this talk, law professor Adam Mossoff explains Ayn Rand’s radical justification for intellectual property rights: that all property is — at root — intellectual.
In the name of individual rights, we should dismantle the entire bureaucracy of immigration restrictions
The program for a socialist America shows the intellectual bankruptcy of those on “the left.”
If we embraced the moral code of rational egoism, we would solve all of today’s economic problems … and reach unprecedented human prosperity and flourishing
Their pragmatist mindset of “skip the philosophy; just give me the practical tips,” hinders them from becoming better managers.
An introduction to political economy focusing on money, banking and funding of government.
The phantom of “inflation targeting.”