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.
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.
Flourishing human life requires heroes.
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.
An excerpt from the Introduction to How to Be Profitable and Moral By Jaana Woiceshyn.
When The Black Book of Communism: Crimes, Terror, Repression appeared originally in France in 1997, it caused a firestorm of controversy.
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?
To consume, men must first produce.
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.
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.
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.
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.