The author Johan Norberg has gave a keynote speech to the Cato Institute this past year that just was published in Cato's Letter. The title of his address was "Entrepreneurs are the Heroes of the World."
In his address, Norberg credits the progress we have seen in our world over the past 200 years to entrepreneurs and the market economies they operate within.
The amazing fact is that entrepreneurs and innovators and businesses have turned luxuries that not even kings could afford into low-priced everyday items at you local store. That is the best defense of capitalism.
He argues that globalization has opened up new markets and fueled emerging economies, allowing entrepreneurs to create jobs and true economic growth -- he speaks of the "magic" that is being created every day by entrepreneurs around the globe.
It is a great essay that is well worth reading.
(Thanks to Larry Hall for passing this along).
