CULTURE

Capitalism: A Treatise on Economics, by George Reisman—A Review

Capitalism: A Treatise on Economics is an exhaustive defense of laissez-faire capitalism as prerequisite for continued progress of material civilization.

Some Comments on the Issue of American Slavery

Some Comments on the Issue of American Slavery

Condemning slavery is morally right. Slavery is an evil institution because it is a total violation of individual rights. However, before one judges America and its founding fathers, it is important to be aware of history.

Voice of Capitalism

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Capitalism is Egoism for All

We know from Atlas Shrugged, and many other Ayn Rand writings, that capitalists are egoists. They trade to make a profit, and this is morally admirable. They are wealth creators. But it is important not to forget that customers and employees are egoists too.

Liberty Winning?

Louis XIV had hundreds of servants who prepared him dinner. Today, my supermarket offers me a buffet Louis XIV couldn’t imagine. Thanks to trade and property rights and markets, each of us lives as if we had more servants than kings.

Woke Colleges

Critics claim the tests are culturally biased and say that’s why Blacks and Latinos don’t score as well. But that doesn’t explain why Asians do so well. In fact, Asians get the best SAT scores.

Socialism-in-Practice Was a Nightmare, Not Utopia

Listening to some in American academia and on social media, you would think that socialism was a bright, new, and shiny idea never tried before that promises a beautiful future of peace, love, and bountifulness for all. It is as if a hundred years of socialism-in-practice in a large number of countries around the world had never happened. 

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