Ricardo's 'science' was founded on the principle that capital is more or less immobile and labor highly mobile. We are enjoined today to worship the consequences of Ricardo's science, despite the fact that the assumptions on which they are based have been reversed: capital is highly mobile, and labor virtually immobile -- libertarian conservatives lead the way in rejecting Adam Smith's principle that 'free circulation of labor' is a cornerstone of free trade, in keeping with their contempt for markets (except for the weak).

Modern industrial civilization has developed within a certain system of convenient myths. The driving force of modern industrial civilization has been individu…

Property rights are not like other rights, contrary to what Madison and a lot of modern political theory says. If I have the right to free speech, it doesn't i…

...capitalism is basically a system where everything is for sale, and the more money you have, the more you can get. And, in particular, that's true of freedom…

Derangement is the signature expression of the Great Backlash, a style of conservatism that first came snarling onto the national stage in response to the part…

Ambassador Zhou Wenzhong, welcome! Your great country [of China] makes our Happy Meals possible!

The struggle between the opponents and defenders of capitalism is a struggle between innovators who do not know what innovation to make and conservatives who d…