If you are a student of business, in any stage of your career, I encourage you learn about rational egoism—if success in business is your goal.
Pursuing self-interest in business is not exploitative, because it can only be based on voluntary trade.
Jobs has spent a lifetime living by Roark’s own singular rulebook not as the designer of buildings, but as the architect of a new approach to technology.
It is capitalism and the competitive market process that generates solutions to the knowledge problems of the society, including the “informational asymmetry” that naturally follows from any developed social system of division of labor.
Many high employment “countries such as Iceland, Norway, Sweden and Switzerland” have no minimum wage laws.
A mandatory minimum wage rate, to the extent it’s set above the market-clearing wage rate, causes unemployment.
If we can’t kill it entirely, we should be thinking about ways to make the Fed less political, not more.