The Primacy of the Businessman
Everyone in the economic debate seems to forget the most important element. Without the businessman — the butcher, baker, candlestick maker, farmer, miner — there is no economy.
The forward development of mankind hinges on which structures best encourage people to risk time, money, and peace of mind to produce more than they consume, creating surplus — that is, wealth. Economic enterprises do not self-organize any more than sand assembles itself into the Empire State Building. Government's proper role, in my view, is keeping the playing field fair — civil, criminal, international — a service we gladly pay taxes for. But large-scale insertion into the economy drives out the very people we need to generate jobs.
