skip to Main Content

Specializing in the morality, practicality, and political economy of capitalism

Welcome

As a pupil, I study capitalism closely, rigorously, and comprehensively, in its many dimensions. As a professor, I publish, teach, lecture and debate on all aspects of political economy, with a focus on capitalism. As a practitioner, I analyze, model, and forecast business cycles and capital markets, to guide investment professionals.

I am a capitalist not only as an investor of capital but also as a proponent of capitalism. I consider capitalism to be the most rational, moral, liberal, practical, and sustainable social system. It is based on individual rights, including private property rights, and is, demonstrably, the system of liberty – whether civil, political, or economic. Capitalism is sustainable because it’s practical, practical because it’s moral, and moral because it’s rational. But capitalism cannot survive without solid, positive arguments in its favor. Capitalism is surely controversial, because it counts on and rewards rational egoism, but this is also the ethic that makes it go, makes it thrive, and makes it survive.

Richard M. Salsman, Richard Salsman

At this website I provide a source for important and inspirational ideas pertaining to capitalism, to help us think (and rethink) what makes sense (or not) in our fast-changing world; it’s a central locale for the vast material I’ve produced in recent decades (and will produce in future ones). Here you can also contact me and keep informed of coming works and events; feel free also to request an appearance, a visit, a talk, an interview, or a debate.

Featured Articles

Richard M. Salsman, Richard Salsman

Fiscal-Monetary “Stimulus” is Depressive

Politicians, policy wonks and pundits like to classify as economic “stimulus” the $6 trillion in recent deficit spending and Federal Reserve money creation. But subsidies for the jobless, bailouts of the illiquid and pork for cronies are purely political schemes...
Read More
Richard M. Salsman, Richard Salsman

Religious Left and Right Quibble Over Human Carnage, But Agree to Keep Hating Capitalism

More than ever, freedom lovers today should reject the false choice between religious-mystical (conservative) capitalism and so-called “secular socialism.”[1] The only rational and viable alternative is secular capitalism.
Read More
Richard M. Salsman, Richard Salsman

Yes, Follow the Science – in Every Field

Repeatedly this year we have heard the admonition, from acolytes of Covid-19 lockdowns, to “follow the science.” Many of the admonishers presume that lockdown skeptics are myopic, “anti-science” miscreants infected with a reckless disregard for human health, safety, and life.
Read More

Publications

Back To Top