Mises Daily

Libertarians must form and maintain organizations not only to promote their broad principles but to promote these principles in special fields.

Trade-offs are made necessary by scarcity. Individuals must choose between the alternatives forced upon them by reality. A refusal to acknowledge this leads to big problems.  

Legal tender laws create special privileges for government money. That kills true currency competition and favors the state's monopoly power.

The misuse of science occurs when the scientist—who is competent in a special field—seeks to use his status to influence fields where he is not competent.

Berlin's fundamental flaw was his failure to define negative liberty as the absence of physical interference with an individual's person and property.

One of the most blatant examples of this non sequitur occurs in discussions of the "free rider problem" and the alleged solution of government provision of so-called public goods.

During the 1920s, the emerging individualists and libertarians — the Menckens, the Nocks, etc. — were generally considered Men of the Left. This all changed with the New Deal.

Man discovered the value of free markets, free competition, and free enterprise. But then the governments man created to "protect" these rights destroyed them instead. 

The uneasiness that impels a man to act is caused by a dissatisfaction with expected future conditions as they would probably develop if nothing were done to alter them.

For a while the postwar ideological climate seemed to be the same as during the war: internationalism, statism, adulation of economic planning and the centralized state, were rampant everywhere.