Richard M. Salsman's Articles
Economics, Philosophy
The Mind-Based Etymology of ‘Capitalism’
Richard M. Salsman November 20, 2018
In the case of “socialism,” “communism,” and “fascism,” the words relate clearly and directly to their respective systems. But what about capitalism?
Ayn Rand & Objectivism, Reviews
A Companion to Ayn Rand, edited by Allan Gotthelf and Greg Salmieri
Richard M. Salsman September 3, 2017
Richard M. Salsman reviews A Companion to Ayn Rand, concluding that, flaws aside, this book is a must-read.
History
America at Her Best Is Hamiltonian
Richard M. Salsman February 21, 2017
Surveys the vital ideas and pivotal accomplishments of the great American founder and George Washington’s top aide, Alexander Hamilton.
Economics, History
The U.S. Treasury’s Unjust Debasement of Alexander Hamilton
Richard M. Salsman July 7, 2015
The U.S. Treasury's scheme to remove Alexander Hamilton from the $10 bill is an injustice to Hamilton, a derogation of the country he founded, and another example of “identity politics.”
Economics, Politics & Rights
Piketty's Rickety Assault on Capital
Richard M. Salsman February 20, 2015
“Piketty’s Rickety Assault on Capital” dismantles and dispatches Thomas Piketty’s arguments against free markets and the principle of rights, including the “fuzzy math in Piketty’s alleged laws of capitalism.
Economics, Reviews
Review: Free Market Economics, by Steven Kates
Richard M. Salsman February 21, 2014
Richard M. Salsman reviews Free Market Economics: An Introduction for the General Reader, by Steven Kates.
History, Reviews
Review: Mind vs. Money, by Alan S. Kahan
Richard M. Salsman November 20, 2013
Richard M. Salsman reviews Mind vs. Money: The War between Intellectuals and Capitalism, by Alan S. Kahan.
Economics
Janet Yellen: What You Should Know about the Next Fed Head
Richard M. Salsman October 10, 2013
Yesterday Barack Obama nominated Janet Yellen as the next chairman of the Federal Reserve Board, to replace Ben Bernanke next February. Yellen has been vice chair to Bernanke since 2010 and will likely win approval from the Senate. The first important thing to realize about Yellen is her ideology and…
Economics
Letters and Replies
Richard M. Salsman August 20, 2013
Richard Salsman answers a letter about central banking.
Economics
The End of Central Banking, Part II
Richard M. Salsman May 20, 2013
Explains why central banking should be terminated and how it can be, focusing primarily on the U.S. Federal Reserve System.
Economics
The End of Central Banking, Part I
Richard M. Salsman February 20, 2013
Argues, via a mountain of evidence, that the ultimate purpose of central banking is not to “correct market failures” or “prevent financial crises” or the like, but to finance fiscally profligate governments and welfare states.
Economics
Letters and Replies
Richard M. Salsman August 20, 2012
Richard Salsman answers a letter about Objective Economics.
Education & Parenting
SAT Sponsor Caves to Egalitarians, Throws Smartest Teens Under Bus
Richard M. Salsman June 7, 2012
[Correction posted below. —RMS] The College Board, which administers the Scholastic Aptitude Test (SAT) for high school students seeking college admission, has cravenly capitulated to pressure from egalitarian democracy-mongers who despise the unequal brains, potential, and talent of America’s smartest students. The Board had recently announced a special program, offered…
Economics, Reviews
Review: Objective Economics, by M. Northrup Buechner
Richard M. Salsman February 20, 2012
Richard M. Salsman reviews Objective Economics: How Ayn Rand’s Philosophy Changes Everything About Economics, by M. Northrup Buechner.
Politics & Rights
Letters and Replies: Abortion, Natural Rights, Hayek
Ari Armstrong and Diana Hsieh answer a letter about abortion rights; Craig Biddle answers a letter from Timothy Sandefur about “natural rights”; Richard Salsman answers a letter about Keynes and Hayek; and athlete Donny Shankle praises TOS.