Capitalism Books


Progress: Ten Reasons to Look Forward to the Future by Johan Norberg
“…How far we have come in tackling the greatest problems facing humanity.”

The Rational Optimist: How Prosperity Evolves by Matt Ridley
“Prosperity comes from everybody working for everybody else. The habit of exchange and specialization—which started more than 100,000 years ago—has created a collective brain that sets human living standards on a rising trend. The mutual dependence, trust, and sharing that result are causes for hope, not despair.”

How Innovation Works: And Why It Flourishes in Freedom By Matt Ridley
Innovation according to Ridley, is “an incremental, bottom-up, fortuitous process that happens as a direct result of the human habit of exchange, rather than an orderly, top-down process developing according to a plan. Innovation is crucially different from invention, because it is the turning of inventions into things of practical and affordable use to people.” Overall, a good book, though I have disagreements with his opposition to intellectual property.

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