The prospect of high profits after natural disasters should attract firms to disaster-prone areas, but if they are not allowed to earn high profits after disasters, they might as well do business in safer environs.
Financial institutions will not only have mercantile "protection" from the federal government in terms of regulations; they will become social arms of that government.
We want to train and motivate the leaders of the future.
There comes a time in the life of every believer in freedom when he must declare, without any hesitation, to have no attachment to the idea of conservatism.
But in fact, they have become responsible for great evil, the leading one of which is to contribute to the great lie that government is doing good for us.
Men have, in other words, a right to secede from a state they deem immoral, for whatever reasons.
The bargains the firm makes with its workers are nobody else's business.
"No benefit results from the mere expenditure of the money [on public works], nor the employment of the workmen employed on its construction; for, if this money had remained in the hands of the contributors, it would either directly or indirectly have put in activity an equal quantity of industry."
They seek dictatorship. All the rest is illusion.
The Austrians, on the other hand, see the individual despite the geopolitics of the day, and it is the focus on the individual that leads increasingly toward liberty.
