Free Markets

Socialism has simmered down to the advocacy of strong government, with this proviso: that that government is best which is run by socialists. Too many capitalists have made their peace with this system.

The widespread popularity of science fiction is one of the factors that has helped to keep individualism at the center of American culture.

Contrary to what the president told the US Chamber of Commerce, government regulations deserve no credit for the invention and marketing of the auto-defrosting refrigerator and freezer.

Mises's notable theory of classes has been curiously neglected. By bringing it back into prominence, we have to abandon the cozy view that all of us, we and our privileged rulers alike, are in a continuing harmony of interest.

At least one reviewer was dismayed that everything had a price in the <i>True Grit</i> story. Indeed, Mattie Ross is constantly making economic calculations while trying to make the best deals she can.

Removing the ability of a lone societal institution to arrogate to itself the right to pronounce law and to decide cases would result not in disorder but in a legal framework that more perfectly reflects the norms of society.

In order to understand the tragedy of the euro and its history, it is important to be familiar with the two diverging and underlying visions and tensions that have come to the fore in the face of a single currency.

The beauty of the kitchen is that credentials or degrees don't matter. If there is such a thing as dog-eat-dog capitalism, this must be it — with customers holding the leash.

If you abjure all violence, you must abjure the state. Thus, while not all libertarians are pacifists, all pacifists are libertarians, whether they realize it or not (and, admittedly, a great many pacifists have not realized it). Gandhi, it appears, did realize it.

The legacy of (classical) liberalism, though never fully implemented, is one of vast economic progress and greater freedom wherever the ideology has been widely tried.