If you want to know what Rothbard’s vision applied to contemporary America would be like in practice, you should look to Ron Paul. Dr. Paul’s career in Congress, marked by his opposition to war and the Fed, is the best example of the anti-elitist free market values that Murray supported.
We’re supposed to think it’s perfectly normal that Washington DC bureaucrats decide whether or not you can use an outhouse toilet 2,500 miles from DC. Because it’s in a “national” park.
The US private sector badly needs to de-politicize itself. Also: more government regulation isn't the answer.
How is it that we adopt the latest fad, without any pause as to why we now unwaveringly refute what we once claimed true?
Working hard is a good thing, but it can only lead to high levels of wealth when combined with capital accumulation and entrepreneurship.
A slowing in the growth of the money supply is only a problem when that money is created "out of thin air."
A female flute player thinks only sexism can explain why she's paid less than a male oboist. But it turns out playing the oboe isn't the same job as playing the flute — and wages reflect this.
Dollar stores are hardly the starvation-producing hellholes that the critics claim them to be. They serve their customer base well, but it is not a customer base of elite journalists and politicians.
It is not true that capital — once created — will lead to future wealth gains forever into the future. Only constant adaptation — via entrepreneurs — can make sure that the production process will provide the flow of consumption goods in the periods to come.
General Dwight D. Eisenhower, chief among the naysayers, said, “I was against (use of the atomic bomb) on two counts. First, the Japanese were ready to surrender and it wasn’t necessary to hit them with that awful thing."
