Joseph A. Schumpeter is identified with two related ideas, the notion of the innovative entrepreneur and the imagery of the competitive market as a process of creative destruction.
Richard M. Ebeling
Dr. Richard M. Ebeling is the recently appointed BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel. He was formerly professor of Economics at Northwood University, president of The Foundation for Economic Education (2003–2008), was the Ludwig von Mises Professor of Economics at Hillsdale College (1988–2003) in Hillsdale, Michigan, and served as vice president of academic affairs for The Future of Freedom Foundation (1989–2003).
In Defense of the Quid Pro Quo
What is Trump being accused of that could not be equally made about virtually every president of the United States since, at least, Franklin Delano Roosevelt?
Political Paternalism
What progressives, nationalists, populists, and conservatives share in common.
The Wonders of a Self-Regulating Free Market
The fact is, there is far more in the world that successfully manages and “regulates” itself without the controlling hand of the government than many of us pause to reflect on or understand.
The Case for Global Capitalism
The human condition has been and can continue to be radically and amazingly improved, if only personal freedom and free markets are allowed to work their wonders on our global community of free trade and networks of voluntary association.
In Defense of The Austrian School of Economics
If you approach Austrians economics from a Marxian-style dialectic, as Janek Wasserman does, then you will miss the entire point of the school of thought and its contribution to the science of economics.
Business Ethics and The Morality of the Free Market
The ethics of private enterprise and the morality of the market require both a preaching and a practicing of a respect for others’ individual rights to their property and to the rule of voluntary agreement in all transactions, even when market outcomes are not always favorable to oneself.
Only Capitalism Can “Save The Planet”
A Socialist “Green New Deal” Will Destroy It
The Black Book of Communism: Crimes, Terror, Repression
When The Black Book of Communism: Crimes, Terror, Repression appeared originally in France in 1997, it caused a firestorm of controversy.
The Real Meaning of Thanksgiving: The Triumph of Capitalism over Collectivism
In the wilderness of the New World, the Plymouth Pilgrims had progressed from the false dream of communism to the sound realism of capitalism.
The Passing of an Illusion: The Idea of Communism in the Twentieth Century
Why did so many people turn their backs on the Western ideal of democratic, limited government and a market economy based on private ownership of the means of production?
The Meaning of the Berlin Wall
On this 30th anniversary of the fall of the Berlin Wall, we should remember all that it represented as a symbol of tyranny under which the individual was marked with the label: property of the state.
