Conceived in Liberty
There is no surer guide to the principles of political liberty than the Federalist Papers; no more penetrating and imaginative study of the forces that may wreck or sap liberty than de Tocqueville's great classic.
There is no surer guide to the principles of political liberty than the Federalist Papers; no more penetrating and imaginative study of the forces that may wreck or sap liberty than de Tocqueville's great classic.
Rothbard is even more consistent and rigorous than I had imagined.
"The Paul Krugman of 2009 completely disagrees with the Paul Krugman of 2003."
It appears that Mr. Sunstein wishes to regulate just about everything.
The point, once more, is not that the conservatives deployed bad arguments against the supposed extremism of Mises and Rothbard. Rather, they downgraded the role of reason as such; and this rendered ineffective their resistance to the Left.
The notion that only the state can provide an adequate defense is but one more statist myth — perhaps the most dangerous one of all.
Contrary to popular thinking, the threat posed to the major economies is not the liquidity trap, but the government and central bank stimulus policies aimed at countering it.
What we must think about, if we deserve to be free, is that sooner or later, as a result of its very nature, either its socialism or its democracy will have to yield.
The private sector can't do this, which is precisely why all the stuff that makes life worth living is produced privately, and all that the government does is slow down the progress of civilization and bring destruction and disaster wherever it goes.