Showing posts with label invention of enterprise. Show all posts
Showing posts with label invention of enterprise. Show all posts
Sunday, October 8, 2017

What is Cost?

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We generally accept the dollar price of something to be its cost to us. The truth is more complicated. Accountants and economists know “opp...
Sunday, December 20, 2015

Corporations and Capitalism

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Many libertarians are opposed to corporations, calling them creations of the state.  They certainly are creations of law . Corporations are ...
Friday, November 20, 2015

Syriaphobia: the latest fad in collectivism

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It has been claimed that at least one of the terrorists of Paris November 13 hid among Syrian refugees to gain entrance into Europe. On the...
Friday, January 16, 2015

Tycoon Dough is Democratic

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Today's "Great Debate" from Reuters online was a one-sided argument about the effect of "uber-rich tycoons" on our d...
Friday, June 28, 2013

Venture Capital

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“Writing the check is the easy part.” Genentech, Apple, Intel, Cisco, Oracle, … none of them would exist, nor would a hundred others that c...
Tuesday, October 9, 2012

The 1% are the Atlases

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The disappearance of the middle class is a direct consequence of failed economic policies enforced by bad laws.  Regulations (firs...
Friday, July 29, 2011

Innovation and Discovery

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The merchants of Sumeria invented fiduciary instruments on clay tablets 3000 years before the first coin was struck.  Coins, philosophy, an...
Sunday, May 29, 2011

Capitalist Culture

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Instead of vilifying him for being an idiot, we should be praising Michael Moore for being a millionaire.   The Invention of Enterprise: E...