Economics

While the “Occupy Wall Street” movement offers little in the way of a coherent message, it tends to demonize corporations (while using myriad corporate products to organize the protests), demand more political handouts and economic controls, and attack capitalism. Once in a while, though, the “occupiers” offer a tidbit that,…

Steve Jobs’ philosophy of life was the fundamental cause of his remarkable productivity, success, and happiness. Embrace it!

Zero to 28? Yes, on a good day. Henry Ford’s first two-cylinder, eight-horsepower Model A car of 1903 cost around $18,000 in today’s dollars. Since then, manufacturers have aggressively pushed forward automotive technology, producing vehicles that are faster, safer, more comfortable, and more economical to purchase and operate. Unfortunately, the…

A number of very wealthy French citizens have called for their government to raise taxes on the rich, the “justification” being that this will help curb the government’s deficit. The French government concurred and has imposed a new 3 percent additional tax on everyone making more than 500,000 euros annually.…

No wonder so many Americans want to abolish the income tax and the IRS along with it. The IRS pries into our earnings, our daily spending habits, even our mileage records. The nightmarishly indecipherable tax code imposes huge compliance costs, along with the risks of arbitrary persecution for innocent errors.…

Richard M. Salsman reviews The Bourgeois Virtues: Ethics for an Age of Commerce, by Deirdre N. McCloskey.

Daniel Wahl interviews Andy Kessler, author of Eat People: And Other Unapologetic Rules for Game-Changing Entrepreneurs.

Daniel Wahl reviews The Sleuth Investor: Uncover the Best Stocks Before They Make Their Move, by Avner Mandelman.

Shows how the novel brilliantly dramatizes the essential principles of this science along with the fallacies involved in denying those principles.

Daniel Wahl reviews The Dhandho Investor: The Low-Risk Value Method to High Returns, by Mohnish Pabrai.