Economics

Books: Henry Hazlitt’s “Economics In One Lesson” Reviewed by The Capitalist Professor, George Reisman

There is no subject that more urgently needs to be understood in the world today than economics. Our well-being, indeed, our very lives, depend on the production of wealth.

Capitalism’s Visible Hand: The Uniformity of Profit Principle

Capitalism’s Visible Hand: The Uniformity of Profit Principle

The best way to begin to understand the functioning of the price system, and thus the full nature of the dependence of the division of labor on capitalism, is by understanding the following very simple and fundamental principle. Namely, there is a tendency in a free market toward the establishment of a uniform rate of profit on capital invested in all the different branches of industry.

The Beginning of the End

The Beginning of the End

We’ve reached the end of the road and found that the people who must ultimately pay for unlimited government are us. And whether through taxes or inflation, pay we will.

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