Government, Business, and Human Flourishing
If we want to promote human flourishing and avoid human suffering, it is crucial that we challenge the ideal of government ‘redistribution’ of wealth and regulation of the economy and advocate reason, freedom and individual rights instead.
End States Who Sponsor Terrorism
Fifty years of increasing American appeasement in the Mideast have led to fifty years of increasing contempt in the Muslim world for the U.S. The climax was September 11, 2001.
Hatred of Western Civilization: Why Terrorists Attacked America
The late Dr. John Lewis read this statement to his class on September 12, 2001 — the day after America was attacked by Islamic Jihadists. His words are all the more relevant today.
John Locke, American Individualism and The Declaration of Independence
We owe to John Locke and those other thinkers complementary to his political philosophy of man, society and government all the freedom and prosperity that mankind has known and enjoyed over the last 300 years, beginning in Europe and North America and then spreading imperfectly to other parts of the world.
Celebrating Work: A Crucially Important Value
Work is a crucially important value. When productive, work gives us not only the material means of survival and enjoyment of life, but it is also the main source of self-esteem and provides a central purpose that makes the rest of our values achievable by helping prioritize them.
Intellectuals and Society by Thomas Sowell
In Intellectuals and Society, Thomas Sowell describes the different forms of the symbiotic relationship that exists between the intellectuals and the politicians. The intellectuals and politicians work together because their goals are closely aligned; they aim to increase the size of the government and take the decision-making powers away from private individuals and organizations.
Apple’s Tax Avoidance Strategy is Moral and Should Be Praised
Rather than complaining about ‘unfairly’ low corporate taxes paid by Apple and others, we would be better off advocating low, and eventually no, corporate taxes, more wealth creation, strong protection of individual rights by governments–and capitalism.
Video: An Introduction to Austrian Economics (Part 1 of 9): Menger, Mises and Hayek
Austrian Economics is the most powerful explanation of why governments, no matter how well-intentioned, lack the knowledge, wisdom and ability to direct the lives of multitudes of people better than those people can do for themselves.
Despite The Positive Aspects of Capitalism, Anti-Capitalism Still Haunts the World
Let us not forget that over the last hundred years virtually every form of collectivism has been tried – socialism, communism, fascism, Nazism, interventionism, welfare statism – and each has failed. There is only one “ism” left to fill this vacuum in the face of collectivism’s failures.
Defending Oil Pipelines: The Invalid Concept of ‘Social License’
As appeasement and pursuit of ‘social license’ is futile, other oil and pipeline executives should follow Girling’s example and defend their companies on moral grounds for the great value they provide. Governments, for their part, should cease their welfare-destroying climate change policies and focus on protecting individual rights instead.
Witness to the End of Soviet Power – Twenty-Five Years Ago
The Soviet nightmare of “socialism-in-practice” was over.
The Postmodern “Counter-Enlightenment” Attack on Reason, Science and Capitalism
Anoop Verma reviews “Explaining Postmodernism: Skepticism and Socialism from Rousseau to Foucault” by Stephen Hicks
How We Know – Epistemology On An Objectivist Foundation
Harry Binswanger’s How We Know – Epistemology On An Objectivist Foundation (TOF Publications) is aimed at exposing the root causes of bad epistemology, and bringing clarity to the crucial questions: What is knowledge? How is it acquired? How is it validated? To a large extent, the material that Binswanger has presented was originated by Ayn Rand.
A Monetary Policy Primer, Part 6: The Reserve-Deposit Multiplier
The multiplier’s significance to monetary policy is, or used to be, straightforward: it indicated the quantity of additional bank deposits that monetary authorities could expect to see banks produce in response to any increment of new bank reserves supplied them by means of either open-market operations or direct central bank loans.
The Myth of the Myth of Barter
There is, after all, at least one impulse among humans that’s more deep-seated than their “propensity to truck, barter, and exchange.” I mean, of course, their propensity to let themselves be thoroughly bamboozled.