What private property does is connect effort to reward, creating an incentive for people to produce more. Then, if there's a free market, people will trade their surpluses to each other for the things they lack. Mutual exchange for mutual benefit makes the community richer.

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The people who run the international tests told us, "the biggest predictor of student success is choice." Nations that "attach the money to the kids" and thereby allow parents to choose between different public and private schools have higher test scores. This should be no surprise; competition makes us better.

I started out by viewing the marketplace as a cruel place, where you need intervention by government and lawyers to protect people. But after watching the regulators work, I have come to believe that markets are magical and the best protectors of the consumer. It is my job to explain the beauties of the free market.

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