The Entrepreneur

While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies.

Both artists and athletes perform for others. When governments get involved it either is for subsidies or censorship. Neither is satisfactory.

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.

Dedication to How to Think about the Economy: A Primer .

Part I: Economics, Chapter 2: Economic Theory

Part II: Market, Chapter 5: Production and Entrepreneurship

Part III: Intervention, Chapter 8: Monetary Intervention

Preface to How to Think about the Economy: A Primer .