Showing results by publisher "Ludwig von Mises Institute" in Business & Careers

Imagine a system in which a private company offers you protection of life, liberty, and property as a "government service provider". This service includes internal and external security, a legal and regulatory framework, and independent dispute resolution. You pay a contractually fixed fee for these services per year. The government service provider, as the operator of the community, cannot unilaterally change this "citizens' contract" with you later on.

Here is a treasure in the history of the procapitalist novel, the story of an upstart Wall Street speculator financier, Henry Galt. He is a shadowy figure who stays out of the limelight as much as possible until he unleashes a plan that has been years in the making: he uses his extraordinary entrepreneurial talent to acquire control of a failing railroad.