Guido Hülsmann offers his conclusions: the current monetary institutions (central banks, paper money, and fractional-reserve banking) cannot be justified and should be abolished; such an act should be greeted as a restoration of monetary sanity and a humane economy.
It's a hard truth for Americans to face that neither team in Washington is going to guard what we love the most. That is something we are going to have to face. Liberty is for the citizens to guard themselves.
Shawn Ritenour reviews Gary North’s article, “Millenialism and the Progressive Movement,” Journal of Libertarian Studies
Ubel mocks those who speak of a "nanny state"; but the real problem is not that the state officiously looks out for our best interests at the expense of our freedom. It is that the state exploits us.
Throwing money at Flynt and Francis — like bailing out the automakers and the big banks — stifles innovation and new technologies in order to keep outmoded business models in place at the expense of taxpayers.
I am suggesting here that a far-reaching cost of the war was the degradation of the autonomy of individuals and families in relation to their property.
The economic power of private business organizations, even the so-called "private tyrannies," is justified by the fact that the use of economic power involves no initiation of force against any other person or their property.
When prices are fixed, and labor conditions are set by law, an employer can indulge his racist preferences without receiving his capitalist comeuppance.
Boulton and Watt's refusal to issue licenses allowing other engine makers to employ the separate-condenser principle clearly retarded the development and introduction of improvements.
