Richard Cobden

Rockford, Illinois and the free society (Friedman, Tullock, Coase)

3 Comments / Economics, Politics /

Milton Friedman (Nobel Prize in Economics, 1976) received an honorary doctorate from Rockford College and was our commencement speaker in 1969. Gordon Tullock (co-founder of Public Choice economics with James Buchanan, Nobel Prize in Economics, 1986) was a native of Rockford. And I was charmed to find this bookplate in the Rockford University library’s copy […]

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Werner Sombart on heroes versus merchants

12 Comments / Business Ethics, History, History of Philosophy, Politics /

Those of us in the democratic-republican West often find it impossible to understand how the world could go to war so often in the 20th century. We were raised in a culture that had internalized Locke, Jefferson, Mill, and others—for whom the goal of peace and respect for others’ rights to life, liberty, and property

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