No one ever waits for the facts anymore. Whatever the media spills is fact enough.
This needs to change.
Society has been conditioned to trust media because they have freedom of the press. Well unless you’re Fox News and won’t report a leftist agenda with a hateful and harmful leftist attitude.
There is no reason why capitalists and entrepreneurs should be ashamed of earning profits. It is silly that some people try to defend American capitalism by declaring: “The record of American business is good; profits are not too high.” The function of entrepreneurs is to make profits; high profits are the proof that they have well performed their task of removing maladjustments of production.
Of course, as a rule capitalists and entrepreneurs are not saints excelling in the virtue of self-denial. But neither are their critics saintly. And with all the regard due to the sublime self-effacement of saints, we cannot help stating the fact that the world would be in a rather desolate condition if it were peopled exclusively by men not interested in the pursuit of material well-being."
— Ludwig von Mises, Profit & Loss (via laliberty)
— The New York Times (@nytimes) August 29, 2014