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Foreward to Human Action by John Galt
John Galt writes his long-awaited foreword to Ludwig von Mises’ Human Action using artificial intelligence.
Peter Francis Fenwick
Mar 126 min read
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Has the UN Lost Its Way?
Milei says the UN has lost its way. Should Australia re-evaluate its unconditional support for the United Nations and its agencies?
Peter Francis Fenwick
Oct 6, 202411 min read
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Chalmers offers Australia a New Deal
Chalmers 2024 Budget does not limit government spending to what it can afford. It chases votes in vulnerable seats and rewards cronies.
Peter Francis Fenwick
Feb 8, 20239 min read
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Striving for Perfection
On a recent visit to Dubrovnik, Jill and I chanced upon a fish restaurant in the Old Port area – Riblji Restoran Proto. It was a serendipitous experience. Established in 1886, it is now owned by Mato Durovic, who has been a major influence in the hospitality business in Dubrovnik for fifty years. I have always admired well-run businesses. There is something exciting and satisfying about people working together to achieve the best they can. Proto was a fine example of this,
Peter Francis Fenwick
Aug 15, 20172 min read
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Honouring the Entrepreneur on Australia Day
Noticeably absent from the list of worthy citizens who were acknowledged in the Australia Day honours were the entrepreneurs. Entrepreneurial talent is scarce; not everyone wants to take the risks; not everyone has the ability or inclination. Yet it is an essential element in our prosperity. The role of the entrepreneur is crucial - not only to correct disequilibria in the market place but to discover opportunities. We need to admire those who risk their capital, their t
Peter Francis Fenwick
Jan 29, 20171 min read
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The Miracle of Pricing
The miracle of pricing is that it enables individuals to be part of a world-wide supply chain, each prospering by doing their bit without...
Peter Francis Fenwick
Jul 1, 20163 min read
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Why are some nations rich and others poor?
In Australia, over the past fifty years, average household income, in constant prices, more than doubled. We live in one of the freest...
Peter Francis Fenwick
Jun 8, 20153 min read
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