What is money?

Money is a tool of exchange that allows men to indirectly trade goods and services that they have produced in a market economy. In a laissez-faire society, uncrippled by government bureaucrats, money is a symbol of man’s unspent production, which has yet to be...

Doesn’t capitalism distribute wealth unfairly?

No. Capitalism “distributes” wealth justly, i.e., to those who earned it, in proportion to how much they produced. Wealth must not be distributed, but created and earned. What is wealth? Wealth, like its corollary knowledge, is not a static quantity but is potentially...

Whom does our “nation’s wealth” belong to?

Wealth is not a “collective resource” to be distributed by some totalitarian or his cronies, but is produced by individuals. Wealth is the product of the individual mind. Wealth is the result of man’s ability to think applied to the sphere of production and trade....

What about “production for use”?

What those who demand “production for use” as opposed to “production for profit” mean is the forced expropriation of the production of some (who are said to have “greed”) for the use of others (unwilling or unable to produce it) who are in “need.” This is theft or...