We may laud the market order as an indispensable arena for large-scale social cooperation, but let’s not forget that people cannot cooperate with one another if they don’t know that the potential for mutually beneficial exchanges exists.
Tag: entrepreneurship
The Minimum Wage Harms the Most Vulnerable
Crocodile tears are flowing again for low-income people. In his State of the Union address, President Obama proposed raising the minimum wage from $7.25 to $9 an hour. A debate is shaping up between those who support the proposal and those who favor keeping the wage where it is today. But there are good grounds — for the sake of the poor — to repeal the minimum wage altogether.
Help Yourself by Creating Value for Others
Send him mail. “Insight for the Young and Unrestrained” is an original weekly column appearing every Thursday at Everything-Voluntary.com, by Gregory V. Diehl. Gregory is a writer, musician, educator, and coach for young people at EnabledYouth.com. Archived columns can be found here. IYU-only RSS feed available here. This past week I’ve been considering a job…
Entrepreneurship is Revolutionary
What Makes Anarchy Peaceful or Violent?
Imagine a world in which all members of the ruled class – that is, ordinary individuals who do not belong to the structures of power – suddenly disappear without a trace, the only people remaining being the members of the ruling class – politicians, bureaucrats, and their enforcers. Now, since in order to be a…
The Christmas Story’s Hidden Capitalism
Written by Jeffrey Tucker for Laissez Faire Today. People talk like capitalism is some strange foreign invader, a mechanical system that was imposed on the world a couple hundred years ago, fueled by burning coal and emitting smoke, and certainly not anything organic to the social order. This is preposterous. The Christmas story that surrounds…
Let’s Raise Kids to be Entrepreneurs
Guest post Cameron Herold.
What is Entrepreneurship?
Guest post by jdellape. [In] real life, entrepreneurs within different firms are not in perfect competition and do not have accurate production curves that they can passively follow. Rather, they must take actions which they feel will lead to the best outcomes for the firm.Read the full thing »