Politics of Human Nature 19: Businessmen and the state. In the last post, I examined how economic interests can bias even businessmen again...

Politics of Human Nature 15: Sociology of the Intellectual. In the essay “For the New Intellectual,” we find Rand insisting that “the need ...

Politics of Human Nature 7: Psychology and social type of the businessman. Ayn Rand imagines a polity where entrepreneurs and capitalists a...

Dishonesty, cheating, and theft. A recent study by the Josephson Institute found that 30% of today’s teenagers admit to having shop lifted ...

Schumpeter’s challenge. The economist Joseph Schumpeter created quite a stir in the forties when he warned that “the capitalist order tends...

Objectivism and Austrian Economics: entrepreneurship. Richard Salsman is on record for criticizing von Mises’ “(absurd) theory of the essen...

Market failure: Greenspan’s testimony Alan Greenspan’s curious testimony before a House panel on Thursday brings forth a curious admission ...