Much of my passion for teaching is derived from my passion for capitalism. The ability of people to purchase and produce whatever they wish is the greatest blessing a nation can receive. It is our only salvation from poverty. Sadly, people often view capitalism as something that must be tolerated, not embraced.
Whenever I encounter a superb piece of writings on the wonders of capital, I offer it as an optional reading, and offer it to you, the reader, to consider for your class.
The essay I will identify and provide shortly not only provides a rational view of capitalism, it dwells on the magisty of the capitalistic machine - like how we would never lend money to our neighbor but do not hesitate to loan money to strangers at a financial institution. Lastly, the essay is an example of superb, magnificient writing.
I dare say it is my favorite essay of all time - my colleague Jayson Lusk did not think so though. Decide for yourself!
So here it is, available for free at the Prospect Magazine.
