All these schemes fail to answer the key questions about any economic theory. Can the theory provide a moral or “transcendental” justification for its results, so that it is politically acceptable? And can it explain growth and creativity? Read More ›
Capitalism is the supreme expression of human creativity and freedom, an economy of mind overcoming the constraints of material power. It is not simply a practical success, a “worst of all systems except for the rest of them." It is dynamic, a force that pushes human enterprise down spirals of declining costs and greater abundance. Read More ›
