George Reisman

George Reisman is an influential American economist, author, and professor, known for his work on capitalism and economic theory. Born in New York City in 1937, Reisman studied under the guidance of the famous Ayn Rand, a prominent figure in the Objectivist philosophy. He has been a vocal proponent of free-market economics and has written extensively on the importance of individual liberty and entrepreneurship in fostering economic prosperity. Reisman’s most well-known work is "Capitalism: A Treatise on Economics", in which he defends the principles of capitalism against critiques and explains how a free market benefits society.

Throughout his career, George Reisman has taught at several universities and has been a strong advocate for the role of capitalism in promoting human flourishing. His works are grounded in the Austrian school of economic thought, focusing on the relationship between capital accumulation, labor, and entrepreneurship. Reisman’s writing emphasizes the need for limited government intervention in the market and stresses the importance of private property and economic freedom in achieving social welfare and progress.

One of George Reisman’s notable quotes is: "The basic requirement for the survival of any civilization is the creation and maintenance of wealth." This reflects his belief that economic productivity is the cornerstone of any prosperous society and that capitalism is the most effective system for wealth creation. Reisman’s work continues to influence those who advocate for libertarian and free-market principles, making him a respected figure in contemporary economic thought.