1 response

  1. Stephen W. Carson
    July 13, 2011

    To briefly toot my own horn. My article on “The Mouse and the Market” for the Mises Institute was written to make precisely this point:
    http://mises.org/daily/1786/The-Mouse-and-the-Market

    “Our society holds up invention as the spearhead of progress. Those who first discover an idea are the ones who receive the Nobel Prizes and earn their places in the history books. But in Man, Economy and State, Rothbard shockingly argues that technological invention is relatively unimportant in the progress of civilization. Instead, capital is the far more important, and limiting factor…”

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