News Link • Self-Help: Rational Living
TGIF: Damn Those Innovators!
• The Libertarian Institute - Sheldon RichmanCapitalism, by its nature, entails a constant process of motion, growth and progress. It creates the optimum social conditions for man to respond to the challenges of nature in such a way as to best further his life. It operates to the benefit of all those who choose to be active in the production process, whatever their level of ability. But it is not geared to the demands of stagnation. Neither is reality.
—Nathaniel Branden, "The Divine Right of Stagnation"
Our lives are improved in all sorts of ways by courageous, risk-bearing entrepreneurs, who seek to change the world at a profit. For that reason alone, we should jealously safeguard an environment friendly to entrepreneurship. As the economic historian Deirdre McCloskey has shown through indefatigable research, when society is marred by envy of the richer and highly successful, we all suffer. Widespread prosperity soars, McCloskey demonstrates, when a culture in effect erects huge neon signs brightly flashing the message, "You think you have a great idea? Well, give it a go!"




