The ground on which economics stands is property. Without property, there is no direction to human action, no calculation, no … Read the rest
Category: Statism
Calculation Without Ownership
Human beings act with purpose. We choose among alternatives, and we choose based on expectations. In a complex society, choice … Read the rest
Cheap Money, Costly Mistakes
Control Disguised as Coordination
Only capitalism works. Everything else survives on slogans, moralizing, and force. Capitalism needs no propaganda because it delivers results. Goods … Read the rest
The Authority Illusion
People form opinions about many things. Yet entire areas of life are surrendered to authorities without a second thought. You … Read the rest
The Boundary of Violence
Nature isn’t complicated. An animal behaves according to its nature. Nothing more is needed to explain it. Human action is … Read the rest
The Error of Outsourced Morality
Ethics and morals aren’t the same. Ethics are universal, morals are personal. Ethics govern the form action must take—never violating … Read the rest
The Fraud of “Education”
Education, as it’s sold to the public, is a fraud. What people call “education” is imitation. Children are trained to … Read the rest
Statism and the Permanent Depression
It’s often said that depressions are a failure of capitalism. That when the market is left alone, greed and chaos … Read the rest
Natural Law and the Manufactured Law
The nature of a thing is seen in what it does. The nature of a bird is seen in its … Read the rest