How to Teach Austrian Economics to the Neighbor Kids
Austrian economics is not dry theory. It helps us make sense of our world and shows that exchange and production have a place in our moral universe.
Austrian economics is not dry theory. It helps us make sense of our world and shows that exchange and production have a place in our moral universe.
Politicians like Elizabeth Warren and Alexandria Ocasio-Cortez are demanding that successful entrepreneurs be taxed into oblivion. The real parasites are the politicians who destroy wealth instead of creating it.
Both artists and athletes perform for others. When governments get involved it either is for subsidies or censorship. Neither is satisfactory.
Part II: Market, Chapter 5: Production and Entrepreneurship