World History

"Just as everyone is born ignorant of math, so everyone is born a folk economist."

Public opinion looks askance at wealth acquired in trade and industry, and finds it pardonable only if the owner atones for it by endowing charitable institutions.

And to wind up at my own doctrine about history, following Albert Jay Nock, history is essentially a race or a conflict between state power and social power.

In light of all the varied and bizarre beliefs, usually incorrect and often pernicious, that have informed human communities throughout the past, is it inconceivable that the far more sensible views of libertarianism might someday become widely accepted?

Pictures of the Socialistic Future warns that socialism, promising equality, can deliver only equal poverty and death.

"As a response to the actions of the Bank of England, the Currency School proposed a simple, yet powerful limitation on the bank: a 100-percent reserve requirement on the issue of new bank notes."

The lines are getting drawn with increasing clarity. Statism vs. liberty. Us or them.

Nonetheless, by reflecting further on Etienne de La Boetie's key insight about the politics of authority, the will to bondage, and the eager embrace of voluntary servitude, and by devising an ingenious test for their influence on the ordinary individual, Stanley Milgram made an important contribution to the libertarian tradition.

"Huebert succinctly and accurately explains that applying libertarian principles to foreign affairs leads to a policy of peace and nonintervention."