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Government And Business

In Defense of Monopolies: How Antitrust Criminalizes Business Strategy [Video]

In this talk, Ryan Krause, assistant professor of Strategy at the Neeley School of Business, Texas Christian University, explains that non-coercive monopolies can and do exist on a free market, why non-coercive monopolies are benevolent, how business strategy is essentially a plan for achieving a monopoly and how antitrust law criminalizes the essence of business strategy.
Government And Business

How Does Objectivity Apply to the Law? [Video]

The safeguards provided by an objective legal system hinge on a proper understanding of what objective law is. In this lecture, Tara Smith, professor of philosophy at the University of Texas and holder of the BB&T Chair for the Study of Objectivism, will clarify objectivity itself — not in epistemological detail, but in application to everyday living — and then chart its requisites for a proper legal system. We will see how the function of government sets the terms for the just exercise of state power and how confusions about objectivity result in its corruption.
Government And Business

“Inequality: Should We Care?”

We're told that the gap between the rich and poor is growing. How should we judge that news? Should we care about it? In this debate against James Galbraith of the University of Texas, Yaron Brook, executive director of ARI, challenges the conventional assumptions about inequality, what drives it, and what should be done about it.

Further Reading

Ayn Rand | 1957
For the New Intellectual

The Moral Meaning of Capitalism

An industrialist who works for nothing but his own profit guiltlessly proclaims his refusal to be sacrificed for the “public good.”
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Ayn Rand | 1961
The Virtue of Selfishness

The Objectivist Ethics

What is morality? Why does man need it? — and how the answers to these questions give rise to an ethics of rational self-interest.
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