"What makes the science of economics necessary and important is the fact that while human life and well-being depend on the production of wealth, and the production of wealth depends on the division of labor, the division of labor does not exist or function automatically."
 
GEORGE REISMAN
 

Radical OSTP Proposal Would Undermine American Research and Sacrifice American Intellectual Property

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Could Rome Have Had an Industrial Revolution?

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On The Pros and Cons of Banning Plastic Bags

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Karl Marx and the Communist Revolution

By Richard M. Ebeling

The Nation’s Education Report Card

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COVID-19 Pandemic Wake-Up Call: Business Needs a Moral Defense

By Jaana Woiceshyn

The Fallacy of “We”

By Richard M Salsman

Celebrate Capitalism This May Day

By Edwin A Locke


 


What is Capitalism?

Discover the foundations of capitalism by taking the Capitalism Tour.

 


NOW AVAILABLE ON AUDIO

Does one have to sacrifice business profits to be moral?

Dr. Woiceshyn says “no”, and explains why in How to Be Profitable and Moral: A Rational Egoist Approach to Business, by introducing business students a set of rational, logical, scientific principles on how they can maximize profits in the long run by acting morally.

Required reading — or listening — for all employees, business students, and CEOs.

Get the audio version here.
 
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