Peter's Blog

Entrepreneurship is at its core nothing more than the pursuit of beauty. Although an entrepreneur shares many activities with an employee, the nature of the activity is oriented towards beauty rather than anything else. This is not merely a philosophical preference, but rather the nature of entrepreneurship itself. Beauty is, while not necessarily definable, recognizable […]

Distributism is a recently resurgent form of social and political thought that attempts to create a free society ordered in a specific way through state intervention. This sounds like a paradox, because it is one. Distributists do not like to believe that they are proponents of larger forms of government, however their policies almost inevitably […]

Rather than being a radical antidote to the perceived errors of market capitalism, socialism is actually very similar to capitalism, but with some extra steps of inefficiency. Capitalism often consolidates the means of production through increasing returns to scale, and sorts people through the pice system into the roles where they would add the most […]

In 1775 roughly 80% of Americans owned their own businesses. Most of these were farmers, and their responsibility to the nation became deeply intertwined with their own livelihoods as they owned a bit of earth and let their love of self turn into love of country. They planted the seeds of survival and reaped the […]

Although deregulation is not often supported by those who support big government, it is actually the most realistic path forward for those who support an expensive state. Decades of deficits and poor management have led to a massive national debt and ever-growing interest payments. The interest payment is now similar to traditionally large expenses like […]

Although patent law is supported by many different factions as necessary to incentivize innovation, they are actually slowing down the rate of American innovation and damaging our competitiveness with China. It is right for companies to profit from the ideas that they came up with, but the cost of government-created monopoly makes our current patent […]

The unique dangers of artificial intelligence are often used to argue that development should be taken out of the hands of profit-driven private actors. The government is presented as a force for good that can develop AI responsibly for the common good. While this line of reasoning can soothe the minds of well-meaning citizens, it […]

The role of the market as a creator and processor of information is central to Austrian economics. Prices should reflect the collective evaluation of everyone in the market as they utilize their own constrained resources. While the Austrian theory holds the market to be an important creator of information, it does provides a compelling answer […]

Nearly all read distributive forms of government try to find some way to give moral justification for their poor economic choices. They assume that it will be easier for people to accept wealth redistribution if they can somehow prove that the wealthy are morally inferior. While like any group of people the wealthy have their […]

The divide between philosophy and action has continually widened for centuries. Particularly in the 20th century, when people began to believe that education for most people was applied skills training, and only the most theoretically inclined were encouraged to study ideas. Even for those who chose to study philosophy, their education was intended to prepare […]