Mises Wire
Author:
Henry Hazlitt
Online Publish Date:
[Chapter 7 from The Wisdom of Henry Hazlitt , edited by Hans F. Sennholz (Irvington-on-Husdon, NY: The Foundation for Economic Education, 1993).] If capitalism did not exist, it would be necessary to invent it — and its discovery would be rightly regarded as one of the great triumphs of the human mind. But as “capitalism” is merely a name for