George Reisman

George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics and the author of Capitalism: A Treatise on Economics. See his Amazon.com author's page for additional titles by him. Visit his website capitalism.net and his blog atGeorgeReismansBlog.blogspot.com. Watch his YouTube videos and follow @GGReisman on Twitter.
Freedom of Inheritance: Repeal The Estate Tax

Freedom of Inheritance: Repeal The Estate Tax

Repealing the inheritance tax means that substantial sums that would otherwise disappear into government spending programs will instead be used to make capital investments.

Shareholders, Not “Stakeholders”

Shareholders, Not “Stakeholders”

So many CEOs know so little about economics that they don’t know that in a free market producing for the profit of their stockholders in and of itself implies producing for the benefit of everyone.

We Need Free Markets to Cope with Climate Change

We Need Free Markets to Cope with Climate Change

Turning our world into one in which practically the entire human race is prohibited from acting for its self-interest on the basis of everyone’s independent intelligence is a formula for mass extinction.

Bernie Sanders vs Walmart: The Wealth of the Wealthy

Bernie Sanders vs Walmart: The Wealth of the Wealthy

Bernie wants us to fear billionaires. Actually, the billionaires work for us — for the great mass of average people. They want to acquire money from us. Unlike the government, they cannot simply come and seize our money.

Marx and His Exploitation Theory

Marx and His Exploitation Theory

As the economic degree of capitalism rises, not only do profit margins and the rate of profit fall, but wage payments come into being and then rise both absolutely and relative to profits.

Marxism/Socialism: An Introduction

Marxism/Socialism: An Introduction

Marxism/Socialism is a philosophy conceived in gross error and ignorance about the nature of capitalism, above all about the nature of the relationship between capitalists, profits, and wages.

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