Capitalism in the 19th century did not doom the worker to a life of perpetual poverty. Instead, they kept creating new and better-paying employments as the decades went by. They produced the wealth and rising income that resulted in the emergence of a phenomenon completely new to human history: a self-supporting and educated middle class that grew more and more as they lower classes bettered their economic well-being.
Richard EbelingThe history of paper money is an account of abuse, mismanagement, and financial disaster.
Richard EbelingGovernment is, and always has been, the greatest criminal threat to the peaceful members of society.
Richard EbelingThrough private investment capitalism kept raising the productivity of labor to new heights. Parents were able to earn enough so their offspring did not have to join the work force at an early age. This produced something unique in history: Childhood, a time when the young could experience the innocence of play and opportunity of schooling before entering the world of work.
Richard Ebeling