"Haeuser mit bunter Wasche" Sold for $40 million.I think Mises is dead wrong about the source of “entrepreneurial profit.” He claims:“A man earns profits only if he has, by superior foresight and judgment, uncovered a maladjustment—specifically...

If you make decisions that are not designed to benefit other people and the “greater good” you’re a bad bad man… and rich people are immoral because they have not used their wealth to fight evil.You’re evil unless you’re a selfless, reckless, ostentatious...

The people and government are always at odds with each other, and yet depend upon each other in order to make life better for everyone. A government's only income is taken from its people, and the people's only protection from war and invasion is...

I read an article today in support of full government-audits of the Fed, as per the suggestions of various conservative and libertarian thinkers.It's always amusing to see people who generally believe in "fighting for lower taxes, less government...

Buffett has spoken in the past about the benefits of a death tax, and has said that he thinks the death tax should be 100%. It just so happens that a 100% death tax would be one of the most profitable changes in American law for Mr. Buffett.Berkshire...

QUESTION: Do you think the economic organization we call capitalism is conducive to the human intuitions of fairness and reciprocity that you outline?STEVEN PINKER: Probably not – these intuitions are probably tuned to face-to-face, tit-for-tat...