Capitalism: Capital and Wages (3 of 3)

Capitalism: Capital and Wages (3 of 3)

The capitalist system was termed “capitalism” not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx. Nevertheless, there is...

Thomas Sowell on the Myths of Economic Inequality

Thomas Sowell discusses economic inequality, racial inequality, and the myths that have continued to falsely describe the system of poverty among different racial and economic classes. Sowell explains the economic theories behind these pervasive myths and proposes...
Capitalists vs. Capitalism

Capitalists vs. Capitalism

It’s bad enough when leftists smear capitalism. I hate it more when capitalists do it, too. I’d hoped for more from the world’s current richest man, Jeff Bezos. I love the service he created. Amazon lets me buy Christmas gifts right from my couch....
Business Improves Lives

Business Improves Lives

I have just returned from the world’s biggest gathering of business school academics who study management and organizations, the annual meeting of the Academy of Management in Chicago. (Before you yawn and stop reading, I encourage continuing, as this post really is...
The Gates-Buffet “Giving Pledge” is Immoral

The Gates-Buffet “Giving Pledge” is Immoral

Jeff Bezos, the founder and CEO of Amazon, recently became the richest person in the history of the world, as his net worth climbed to $150 billion, thanks to the jump in Amazon’s share price. Amazon’s stock has been on a steep upward trend: Bezos’ wealth increased by...
Time to Dismiss the Nanny State

Time to Dismiss the Nanny State

The Canadian government makes an excellent example of an over-zealous nanny that perceives itself as all-knowing and sees its role as the protector of citizens against all (government-defined) problems. The most fundamental of these, from the government’s perspective,...

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