Entrepreneurship

The Labor of Capital: How Wealth is Created

The Catholic Church’s mistrust of free entrepreneurship is an old phenomenon. At its origin is the idea of antagonism between “Labor and Capital”, rooted in the influence of Marxist doctrine. It is time to leave this misleading dichotomy behind.
Martin Rhonheimer
19. July 2019

The Market and Morality: Is the Market Moral?

Individual morality (and that of small groups) differs from the morality of large systems. It is important to have good social rules that are applicable to all, and which create the right incentives for responsible economic and political behavior.
Wolf Schäfer
29. December 2018

Elon Musk’s Reach for the Stars: Why Eccentric Entrepreneurs Also Benefit the Rest of Us

Elon Musk might rub some people the wrong way, but this eccentric entrepreneur has accomplished some things that many believed were unlikely or even impossible. And ultimately society has benefited.
Stefan Beig
9. August 2018

In Our Heads We Are All Marxists—How Marx’s Myths Shape Our Affluent Society

Even though few self-identify as Marxists, many of the Marx’s ideas remain in fashion. In particular, his denigration of capitalists and entrepreneurs as stealing from workers, and his failure to identify their effective beneficence, remain quite popular.
Martin Rhonheimer
7. July 2018

Crony Capitalism: Inefficient, Unjust, and Corrupting

Donald Trump’s candidacy has brought many topics to greater public attention. One subject, however, that has gained significant traction because of the Trump campaign is the problem of crony capitalism—or, more simply, cronyism.
Samuel Gregg
15. March 2016

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