Government has no “public health” role. It has only a “public freedom” role.
The truth is that, aside from the plantation owners (a tiny minority), the white population of the South was hurt by slavery—kept poor by it—rather than enriched.
February 2nd is the birthday of Ayn Rand, the author of Atlas Shrugged and The Fountainhead. Ayn Rand developed and defended Objectivism, a philosophy that advocates “rational selfishness.”
The Republican Party nominated, worked to elect, then stood behind a man who is amoral and unhinged, a man who is the tribal lone wolf that Ayn Rand described in “Selfishness Without a Self.”
The only reason that the commentators are bewailing the “staggering difficulties” of getting everyone vaccinated is that they never dream of putting the vaccine on the free market.
Under real capitalism, there is no government policy at all regarding how people are to conduct themselves in a pandemic. With no barriers to innovation, production, and distribution, the pharmaceutical industry would be rocketing us into an almost disease-free future.
The proper name for “government stimulus” is: “capital destruction.” It’s the unreplaced using up of the factors of production.
The path to genetic cures and radical life extension begins with the abolition of that Servant of Death: the FDA.
In economics Hayek is a radical; but in philosophy, unlike Ayn Rand, Hayek is a conservative.
A patriotic American acts as a capitalist and an individualist: he buys the best, wherever it may be found.
Ayn Rand publicly recommended the works of Mises but not of Hayek. Today, when Hayek is much better known than Mises, it's worth seeing why. I came to the full realization of what's wrong with Hayek's approach while re-reading Atlas Shrugged. No, not in Galt's speech,...
There will be no real and lasting political-economic improvement until the metaphysical, epistemological, and moral principles underlying capitalism are firmly grasped and understood in a first-handed way by at least a sizable minority of the intellectuals.
How do people’s ideas on morality affect their economics?
To celebrate Randsday, you do something not done on any other holiday: you give yourself a present. Randsday is for getting that longed-for luxury you ordinarily would not buy for yourself.
If immigration laws are, as I hold, violations of individual rights, it is up to the courts, not the President, to determine that.
The blame for the shutdown belongs on those who want to spend beyond all limits.
Obama is the new Baghdad Bob.
Why are the political and intellectual leaders—people who are socialist or beyond—so interested in this issue? We’re talking not about the guy next door who voted Democratic but about the Tooheys.
Now that the Arizona immigration-control law is at the Supreme Court, it's time to analyze that law. There are two levels: the philosophic level and the level of Constitutional law. Fortunately, they both point to the same conclusion. The philosophical issue is my...
Just now I can't summon the energy to write the post that should be written to defend Goldman Sachs against the disgusting, publicity-seeking attack made on it last week by ex-employee Greg Smith. (Mr. Smith was not highly placed at the firm: he was one of 12,000...
Voice of Capitalism
Our weekly email newsletter.