Other Schools of Thought

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."

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

One day Social Security will go from being a reality supported by myths to a memory whose myths were debunked by reason.

Like any other consumer, the government must turn to the production process — that is, to producers — for its funds. But unlike ordinary consumers, who obtain their incomes through voluntary exchange, the government obtains its income by means of forcible taxation.

Between the right's love for military socialism and the left's love of forced de-industrialization, together with the perpetual menace of politicians' clamor to make history, the cause of liberty needs even more ardent defenders.

Chodorov's brilliant assessment of the State is a vital contribution both to historical understanding and to the defense of liberty.

A bailout is nothing less than a wealth transfer to those who made ill-advised credit decisions.

The integrity of the scientific community will win out in the end, following the evidence wherever it leads. But in the meantime, the effect of the political climate is that most people are overestimating the evidence that carbon emissions are the main cause of global warming.

In contrast to liberalism and its doctrine of the harmony of the rightly understood self-interests of all men, environmentalism alleges the most profound conflict of interests among people.

It is capitalism that has created in reality all that the socialists of old imagined their revolution would achieve.