The Meaning of Competition
Competition is a process of the formation of opinion: by spreading information, it creates that unity and coherence of the economic system which we presuppose when we think of it as one market.
Competition is a process of the formation of opinion: by spreading information, it creates that unity and coherence of the economic system which we presuppose when we think of it as one market.
The private sector could take care of itself if the government would just leave it alone.
Free minds are inventive minds. That is why America has always been a land of inventors.
"It is only when men are free that they begin to place a value on their time; and when men begin to place a value on human time, they begin to realize the importance of preserving human life."
While totalitarian governments seek to stifle the human spirit and initiative, there are always brave souls who either pierce or work around the walls that governments erect.
Property rights, when well-defined and protected, create incentives for self-interested owners to utilize resources in numerous ways that promote the social good.
"Orphan's treatment as capital goods on the market would lead to far more just outcomes for them than will their treatment as political capital goods by statist monopolies."
Only you can improve yourself to the point where you are competent and capable of defeating socialism within yourself. Only by so doing can you become able to serve the cause of freedom for all men.
I do not ask that you place hands upon the tyrant to topple him over, but simply that you support him no longer; then you will behold him, like a great Colossus whose pedestal has been pulled away, fall of his own weight and break into pieces.
"There is much more certainty in a decentralized legal system than in a centralized, legislation-based system."