Economics

[E]conomic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman’s tool is values; the bureaucrat’s tool is fear. – AYN RAND

Affordability: Capitalism’s Achievement, Socialism’s Failure

Socialism isn’t known for making things affordable, if for no other reason that its price controls make so many things unavailable. Capitalism not only creates new, never-before-seen goods but transforms them from luxuries into necessities.

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