early capitalism

The article is part of a series of publications dedicated to the fourth annual conference of European Students For Liberty, which will be held on 22.10 at 9 am at the Ramada Hotel in Sofia. For more information and free registration, see the official Facebook event. AUTHOR: SILVIA YONKOVA There is hardly another name among the supporters …

Lately, I have been increasingly encountering an interesting phenomenon – an awful lot of smart and thoughtful people, reflecting and commenting on global problems, invariably blame freedom. Starting from offshore zones and banks, through Uber and Airbnb, and ending with personal consumer choice and the management of private property, the people in question are always …

Ludwig von Mises 200 years ago, before the advance of capitalism, a person's social status was the same from the beginning to the end of his life; he inherited it from his ancestors and never changed it. If a person was born poor, he always remained poor, and if …