Feb 15, 2019 | Business, Politics
The leading Objectivist economist, “Saysean” Richard Salsman has an excellent article in Capitalism Magazine on why “Justice Demands That We Should Celebrate Diversity in Wealth Too“.Writes Dr. Salsman:In most realms of life today, diversity and variety are justifiably celebrated and respected. Differences in athletic and artistic talent, for example, entail not only robust, entertaining competitions, but fanatics (“fans”) who respect, applaud, award, and handsomely compensate the winners (“stars” and “champions”) while also depriving (at least relatively) the losers.Yet the realm of economics — of markets and commerce, business and finance, income and wealth — elicits a near-opposite response, even though it’s not, like sporting matches, a zero-sum game. In the economic realm, we observe differential talents and outcomes unequally compensated (as we should expect), but for many people, diversity and variety in this realm are disdained and envied, with predictable results: a perpetual redistribution of income and wealth by punitive taxation, stiff regulation, and periodic trust-busting. Here winners are more suspected than respected, while losers receive sympathies and subsidies.What accounts for this rather odd anomaly?
Read the rest of Justice Demands That We Should Celebrate Diversity in Wealth Too.Jan 28, 2019 | Politics
Download it here: Gold and Liberty | AIER
Mr. Salsman’s “Gold and Liberty” emphasizes the importance of the evolution of gold-based money to human advancement and, even more significantly, to human freedom. The book shows what the arbitrary manipulation of the medium of exchange by unelected and unaccountable central bankers really means for ordinary citizens and points the way to useful reform.
Jan 23, 2019 | Business, Politics
John Allison highlights the key role Objectivism has played in his success. Allison, the former Chairman and CEO of BB&T, was selected by the Harvard Business Review as one of the one hundred most successful CEOs in the world.Recorded at Objectivist Summer Conference (OCON).