Matt Ridley’s book “How Innovation Works” is not the first on innovation, and it will not be the last, but it is an incredibly important and inspiring one.
Books
Brexit Matters More than Ever
There is a realignment of politics underway in the UK and most other developed countries; in the UK it is now almost complete, thanks in no small part to Brexit whereas in some other countries it is still happening; Brexit did not cause this realignment, but it was caused by it.
Why We Need Heroes
Flourishing human life requires heroes.
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.
Introduction to How to Be Profitable and Moral By Jaana Woiceshyn
An excerpt from the Introduction to How to Be Profitable and Moral By Jaana Woiceshyn.
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 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?
Jean-Baptiste Say: An Economist in Troubled Times
To consume, men must first produce.
A Financial History of Edinburgh: The Rise and Fall of Scotland’s City of Money
By removing the market’s solution to collapsing banks, this unraveling forced electorate-sensitive governments to take up the residual risk and backstop the financial system that Scottish banks themselves so effectively regulated in the past.
Book Review: The Invention of the Passport
How and why governments have used the power of issuing official travel documents as a means of restricting the free movement of people during the last 200 years.
Interventionism: An Economic Analysis by Ludwig Von Mises
Interventions inevitably generate imbalances in the market that will force the government to either repeal the existing interventions or extend them in the futile attempt to use new interventions to compensate for the distortions its prior interventions have created, until finally the market has been supplanted by the command economy through a process of incremental expansion of the regulations and controls.
Why Free-Market Economists and Historians Should Study Karl Marx
Karl Marx’s stubborn political staying power also requires that we grapple with his theory in an intelligent fashion and that we engage him seriously even if we judge his conclusions wanting.