Political Theory

In every country the socialists have become office seekers, aiming to get hold of the reins of government by parliamentary methods, and for no othe

Neoconservatives are trying to save the welfare-warfare state from what they see as its remediable excesses. They want the current system, but they want it fixed up and buttoned down: a state that will be strengthened because it's more modest and more efficient.

When I vote for the candidate who promises me betterment in my economic condition, I am condoning and encouraging some form of robbery. That does not square with my moral values.

The envy-driven masses do not care a whit for what the demagogues call the “bourgeois” concern for freedom of conscience, of thought, o

The first self-conscious school of economic thought developed in France shortly after the publication of Cantillon's <i>Essai</i>. They called themselves "the economists" but later came to be called the "physiocrats," after their prime politico-economical principle: physiocracy (the rule of nature).

Antitrust keeps superior products and marketing strategies from harming rivals, but halting such innovation harms consumers. It inhibits superior firms from passing on their efficiencies to consumers in lower prices.

Julian Assange, through WikiLeaks, has made available to society a vast collection of information that undermines the state’s legitimacy.

Private ownership of the means of production is the fundamental institution of the market economy.

The claim that monetary policy has nothing to do with inflation is nothing new. The Conference Board said the same thing in 1957, and here is Henry Hazlitt's response — from his Crisis and How to Resolve It — to the notion that it is not money expansion but costs of business that is pushing prices.