Austrian School

Ferengi-nomics

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(Content advisory to the above video.  A few of the Rules of Acquisition are off-color.  You know what the Ferengi are like.)

We have been having a debate recently on The American Catholic between Austrians and Distributists.  As a devotee of free enterprise with as little government intervention as possible, I have found some wisdom in the Ferengi Rules of Acquisition as set forth in one of my favorite fictional realms:  Star Trek.  Many of the Rules of Acquisition of course are merely for entertainment purposes and would lead to immoral results, if not bankruptcy or prison, if attempted in reality.  However,  after a quarter century of running my own business, I believe these rules are insightful:

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