Political correctness has become one of the most controversial concepts in contemporary Western societies. Ironically, much of the debate begins before any substantive discussion even starts, because people rarely agree on what the term actually means.
Continue readingLudwig von Mises
Entrepreneurs, Not the State, Are the Driving Force of the Market Economy
In Human Action, Ludwig von Mises made a claim that remains deeply unsettling to statist thinking even today: the true driving force of the market economy is not the state, not bureaucratic planning, and not public authority—but entrepreneurs. This assertion is not rhetorical. It is a theoretical conclusion rooted in the logic of human action, the functioning of the price system, and the irreducible uncertainty of the future.
Continue reading