Robert Stewart

rstewart@logic.bm

Related Freeman Articles

Article

Poker and the Free Market

Good Poker Players Have More in Common with Entrepreneurs than with Gamblers

JANUARY 20, 2009 by ROBERT STEWART

Good poker players are like entrepreneurs: You need greater skill than average to anticipate the future. As Mises so cogently puts it in Human Action, "What distinguishes the successful entrepreneur and promoter from other people is precisely the fact that he does not let himself be guided by what was and is, but arranges his affairs on the ground of his opinion about the future. He sees the past and the present as other people do; but he judges the future in a different way."

Article

Bermuda, Freedom, and Economic Growth

Bermuda Assists Ordinary People by Limiting Government Power

JUNE 01, 2004 by ROBERT STEWART

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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