Political Theory

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Fergus Hodgson
The support of libertarians for big business is another debunked myth. So long as these enterprises are compatible with genuine free-market capitalism, fine. But because so many seek subsidies, bailouts, and other forms of coerced largesse, they do not carry the banner of libertarianism.
Murray N. Rothbard

A curious thing is happening in this extraordinary election year. The liberals are beginning to adjust to Ronald Reagan. After all, they claim, he's getting more moderate, he'll have to shift to the center to win the election, and he was a moderate and "flexible" governor of California for eight years. Maybe he won't be that bad, certainly not as erratic as Carter.

William H. Hutt
The danger looming before the Western world is a possible outcome of the gradual drift of traditionally free-enterprise countries toward a totalitarian concentration of economic power due to reactions to “stagflation.”
Llewellyn H. Rockwell Jr.

What's weird is the world of <i>National Review</i>, where it troubles no one to call for huge spending cuts and slashing government at the domestic level while defending the worst form of global imperialism abroad, complete with reflexive defenses of every violation of human rights and liberty.

Murray N. Rothbard

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.