Mises Daily

On the other hand, you can spend your life refusing to straighten ties because you aren't paid enough to do that. That person will never be paid to do anything.

European democracy broke down because there were no democrats left in continental Europe. The place held in America by the Gettysburg Address was occupied in Europe by the Communist Manifesto. No further comment is necessary.

Social Security is right now in deficit, sucking funds out of the general pool. Americans should brace for further tax hikes — in the name of "saving Social Security" — and anyone under 40 should have no illusions about retirement benefits.

A society that values individual rights should not give liable parties a free pass. But a hostile federal takeover of BP would send a message to every other firm in the oil industry that their assets aren't safe from plunder.

"How can any human being learn autonomy, initiative, and personal responsibility when the decision of when, where, and whether he may eat his own food is not his to make?"

It is true that there is such a thing as the corn-hog cycle and analogous happenings in the production of other farm products. But the recurrence of such cycles is due to the fact that the penalties which the market applies against inefficient and clumsy entrepreneurs do not affect a great part of the farmers. These farmers are not answerable for their actions because they are the pet children of governments and politicians. If it were not so, they would long since have gone bankrupt and their former farms would be operated by more intelligent people.

"In 1982, Vince moved on to building a nonprofit organization to host a series of international libertarian conferences — the Libertarian International."

While his major practical interest had not been domestic or economic affairs, he had helped build up the absolutism of the French state.

"Meanwhile, states that do not reward being poor find poverty levels falling."

Instead of addressing the Depression though the proven expedient of private-bank-issued scrip, the Roosevelt administration's plan involved suspension of the gold standard, followed by devaluation and the abrogation of the gold clause, cartelization of the banks of the country, the National Recovery Act, the Wagner Act, the alphabet-soup agencies, Social Security, and the beginning of an ever-expanding government.