Capitalism News
This past week on Capitalism Magazine




** The Practical Value of Ethics in Business ([link removed])
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By Jaana Woiceshyn
If you are a student of business, in any stage of your career, I encourage you learn about rational egoism—if success in business is your goal.




** Was Trump Right About Baltimore? ([link removed])
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By Walter Williams
Here’s what President Donald Trump tweeted about Baltimore’s congressman and his city: “Rep. Elijah Cummings has been a brutal bully, shouting and screaming at the great men & women of Border Patrol about conditions at the Southern Border, when actually his Baltimore district is far worse and more dangerous. His district is considered the worst […]




** The Myth of Profit Making as Exploitation ([link removed])
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By Jaana Woiceshyn
Pursuing self-interest in business is not exploitative, because it can only be based on voluntary trade.




** How Universities Misuse Donor Dollars ([link removed])
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By Phillip W. Magness
As long as universities continue to misrepresent how they use philanthropic gifts, philanthropists will remain wary of the high potential for misuse that accompanies large donations.




** American Fountainhead: Business Hero Steve Jobs ([link removed])
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By Donald L. Luskin and Andrew Greta
Jobs has spent a lifetime living by Roark’s own singular rulebook not as the designer of buildings, but as the architect of a new approach to technology.




** The Vietnam War by Ken Burns on PBS: Flawed, But Compelling ([link removed])
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By Scott Holleran
The Vietnam War, a 10-part series for PBS which aired in 2017, is flawed, biased and incomplete. It is also a compelling and important examination of the Southeast Asia war America lost.




** Hazony’s Tradition-Based Society Is Social Engineering ([link removed])
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By Richard M. Ebeling
At any moment in time, the world seems to be going to hell in a handbasket. Manners are missing; ethics are being eliminated; culture is corrupted; social attitudes are supercilious; virtues are vanishing; literature is mostly licentious; industry and commerce are materialistically crude and callous; and humaneness is hamstrung by greed and selfishness. It’s the […]




** Laissez Faire vs. Interventionism ([link removed])
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By Ludwig Von Mises
In eighteenth-century France the saying laissez faire, laissez passer was the formula into which some of the champions of the cause of liberty compressed their program. Their aim was the establishment of the unhampered market society. In order to attain this end they advocated the abolition of all laws preventing more industrious and more efficient […]




** Capitalism is the Solution to the Problem of “Asymmetric Information” ([link removed])
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By Richard M. Ebeling
It is capitalism and the competitive market process that generates solutions to the knowledge problems of the society, including the “informational asymmetry” that naturally follows from any developed social system of division of labor.




** Free Markets are Good Medicine ([link removed])
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By Richard E. Ralston
There is an unstated context behind the health care debate. Those who prefer government management of medicine have a wider agenda: they hate the idea of a free market in medicine because they hate the idea of free markets in anything. Of course, an actual free market in medicine disappeared long ago. What remains is […]




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