wealth of nations
Adam Smith’s central contribution to economic understanding was surely his demonstration that under an institutional arrangement of individual liberty, property rights, and voluntary exchange the self-interested conduct of market participants could be shown to be consistent with a general betterment of the human condition.
Ludwig von Mises’s majestic magnum opus, Human Action: A Treatise on Economics, was published on September 14, 1949. In the nearly seven decades since its appearance, Human Action has come to be recognized as one of the truly great classics of modern economics.
Heartland’s CEO Joe Bast spoke recently at the “Yes, We Did Build It” rally in Waukesha, Wisconsin, sponsored by the Citizens for Responsible Government. (That’s Wisconsin Gov. Rebecca Kleefisch, at…