Mises Daily

That man acts and that the future is uncertain are by no means two independent matters. They are only two different modes of establishing one thing.

Hazlitt popularized sound economic thinking, was a critic of Keynes, and contributed to ethical moral philosophy. Not bad for a poor fatherless boy and college dropout.

Much is heard these days of the distinction between human rights and property rights. But far from being in conflict, property rights are the most basic of all human rights.

According to Say, all productive enterprises are created by individuals in society, not by the state. It is the responsibility of productive enterprise to support the continuity of families.

Antipoverty "strategies" like mandatory overtime pay, state-protected unionization, and opposition to labor-saving devices only serve to increase the cost of living for poor and rich alike.

In our time the most powerful theocratic parties are opposed to the world's great religions. Today's theocrats believe they alone can plan society and that they are enlightened.

It took centuries to end the idea that taxes kept the privileged class in comfort and financed their wars. But now we're told taxes = civilization.

It is the business of legal violence to defend persons and their property from violent attack, from molestation or appropriation of their property without their consent.

How was the Keynesian Revolution accomplished? The old fallacies were dressed up by Keynes in such a wilderness of pretentious jargon, that the Keynesian disciples claimed to be the only ones able to understand the Master.

The concept of capital is the fundamental concept of economic calculation, the foremost mental tool of the conduct of affairs in the market economy. Its correlative is the concept of income.