The fundamental lesson to be learned from America’s declining economic liberty is not economic but moral: Freedom depends on egoism.
Pope Francis rails against capitalism; some religionists hopelessly attempt to defend it; Ayn Rand shows how to defend it properly.
The U.S. Treasury’s scheme to remove Alexander Hamilton from the $10 bill is an injustice to Hamilton, a derogation of the country he founded, and… More »
If everyone’s rights are equally protected under the law, it does not matter, morally speaking, that we do not earn or possess equal wealth. What… More »
The deeper problem with Paltrow’s cause is that it presumes that taking wealth from some people by force and handing it to others is moral…. More »
A 1792 U.S. penny, designed in part by Thomas Jefferson and George Washington, is embossed not with “In God We Trust,” but with “Liberty Parent… More »
Contrary to Jonathan Coppage’s claims, services in a market economy are fundamentally dependent on the ownership of property—both physical and intellectual—not somehow untethered from it…. More »
Piketty stirs up resentment against the producers and holders of wealth, and then says we need to tax it away to assuage that resentment. Instead,… More »
True, new technologies make some jobs obsolete. But new technologies also make possible new careers. Moreover, because producers who employ new technologies manufacture more and… More »
Unfortunately, when some economists think of values as “subjective,” they assume that there is no objective standard for determining moral value; they assume that value… More »