Capitalists: The Potential Energy of Human Productivity
The Austrian theory of capital is the best one you can find if you really want to grasp how the economy actually works—beyond sterile mathematics and static timeless analysis.
Category: ECONOMICS FOR BUSINESS
Europeans Discover The Myth About ‘ Social Safety Nets’
Europeans are now being forced to face up to a cruel reality. All socialists schemes eventually run out of (other people’s) money.
Both Inflation and Deflation Cause Wealth Redistribution – But Here’s the Difference
Unlike inflation, which creates winners and losers through the backdoor, deflation causes a transparent redistribution of ownership.
Existential Comics Is Wrong : Here’s Why We Need Landlords
The profit motive is a popular target of progressives and socialists. But the criticisms are often based on misunderstandings of how a market economy based on private property works.
Opposing Foreign Goods Is The Same As Opposing Mechanised Production
To be logical, protectionists would also have to be be opposed to all products made by superior technology.
‘Saving Jobs’ Is Not A Path to Prosperity
Human labour is a means to an end, not an end in itself. If a ‘job’ is mechanised, labour is diverted to another ‘job’ and society gets double the benefits.