Free Markets

Frédéric Bastiat said long ago what still rings true today: "Government is the great fiction through which everybody endeavors to live at the expense of everybody else."

The solution to the crisis in higher education is to take the government out of the equation.

In the same way that a hacker can provide a good test against holes in program code, the crowbar kids at the rental place showed me something important: if you are worried about the security of your automobile, you need to do more than lock your car.

The remains of the Roman Forum, Coliseum, and the palaces of Palatine Hill, are proof that empires fall, despite the wonders created by the political class in attempts to placate the masses. In addition, these sites show that every empire needs a war for victories, and enemies for threats. Sadly, we have not learned these lessons.

Finally, I must add that Sennholz has never been shy about insisting on the centrality of ethics in the study of economics. He has decried the welfare state as confiscatory and immoral. He has called inflation a form of theft. He has identified government intervention as coercion contrary to the true spirit of cooperation.

Lysander Spooner was the foremost legal theorist of the 19th-century American individualist anarchist movement.

Political entrepreneurs are experts at fabricating false crises to convince the public to acquiesce in their policy proposals.

[This article is taken from chapter 19 of The Ethics of Liberty.

Economic freedom in fact reduces unemployment to levels significantly below those in less free countries. The Amish may hold the secret to full employment, but rejection of modern capitalism is full employment in poverty and hardship, not the rich fruits of progress.

Rothbard got a favorable mention on a National R