Entrepreneurship

The Clarence Darrow of 1902 was on pretty much the same wavelength as the Murray Rothbard of 80 years later. They both rejected the statist means.

The long-term case for optimism is all about the astonishing expansion of the division of labor globally.

John Wanamaker was the Gilded Age genius who pioneered the department store, the posted single price for goods, the money-back guarantee, and the practice of giving away free products as a way to promote a business. He believed that commerce would save the world.

John Wanamaker was the Gilded Age genius who pioneered the department store, the posted single price for goods, the money-back guarantee, and the p

We are small, bottom-up, voluntary, and flexible, while the statists' organizations, starting with the government itself, but also other organizations such as the UN and the IMF, are big, coercive and centralized. Governments are inefficient, slow, corrupt. This is why we will win this.

Irish dirt is an actual product that people can and do buy.

In fact, it is pretty clear that there is no such thing as homemade ice cream, and that we use the phrase only in the most metaphorical sense. Thank goodness. The store is just the last stop in a huge and extended process that emerged over centuries and requires the involvement of people all over the world.

Thank goodness that no local government has decided that lawn care is a public good.

The division of labor works in dating as it does with anything else. The academically inclined should focus their energies and time on their studies. That's what they enjoy and what they're good at. And now these young entrepreneurs have created a way to efficiently match potentially compatible people.

Beauty is something most everyone wants more of. And while there is plenty of handwringing about healthcare not being affordable in the United States, cosmetic surgeons are doing fine, despite the recession. These doctors, by the way, are paid directly by the patient.