Free Market

If there is one thing I am passionate about, it is passing on to the next generation the baton that Murray Rothbard a while ago passed on to me and my contemporaries.

Building wealth, not manufacturing money, is the key to prosperity.

There is nothing inherently slimy about trading real estate, and certainly nothing warranting the state’s regulation of this market.

The poor are able to acquire household items that in some cases no one, rich or poor, could have had even a generation ago, and on terms that no one else is willing to extend to them.

My goal with these fifth graders was not just to introduce them to the basics of economic science, but to inoculate them against future attempts to teach them bad economics. By showing them that trade, money, savings, competition, and prices all have distinctly human origins and purposes, I hoped to help them make better sense out of the “economics” they will some day be exposed to.

The first Republican governor in Maryland in 35 years “celebrated” his victory by imposing the largest property tax increase in the state’s history. Ignorant Maryland voters still believe that voting Republican is a vote against Big Government!

What the UAW has done, on the foundation of coercive, interventionist labor legislation, is bring a once-great company to its knees.

Murray Newton Rothbard (1926–1995) was one of the most important thinkers of the twentieth century.

I consider it as a very good sign that, while 50 years ago, practically nobody in the world had the courage to say anything in favor of a free economy, we have now, at least in some of the advanced countries of the world, institutions that are centers for the propagation of a free economy.

Today’s college students may never learn the principles of supply and demand, or understand how many billions of dollars companies like Wal-Mart save American consumers (including their own families), but they are indoctrinated as freshmen that any “moral” person should hate “outlaw” corporations (as defined by the union movement).