Lincoln: His Words

One of the dangers facing anyone who has come to believe in a certain philosophy or approach is the temptation to ignore or reject useful contributions from those not “pure” enough in their adherence to those principles. Believers in liberty face this particularly starkly with those whose actions contradict their alleged devotion to human freedom.

Vaccinations by the state

Reichsführer Perry is mad with power. How else can you explain his executive order mandating that Texas girls ages 11 and 12 receive the human papillomavirus (HPV) vaccine before entering the sixth grade starting in September 2008?

The principled Libertarian view is that Perry’s order is an aggression on the bodies of these young girls. But, of course, all forms of compulsory vaccination are an aggression on the body of those vaccinated against their will.

Wal-Mart, Unions Unite on Socialized Medicine

Actually, the headline reads: “Wal-Mart, Unions Unite on Health Care.” For years Wal-Mart has been falsely accused of shifting the cost of health care for its employees to taxpayers because the company’s high premiums and deductibles keep many Wal-Mart employees from participating in the company health plan—as if Wal-Mart is to blame for the welfare state instead of Congress. Wal-Mart has thrown in the towel:

The Democrats and their Doomed Ideology

Llewellyn H. Rockwell discusses what the Democratic Party, at the national level, really believes. It’s not socialism of the old sort. But the socialist theory of society still burns brightly. Their model is that in the state of nature, meaning in a state of freedom, all is conflict and cruelty. Pathology and ugliness are everywhere. The government is necessary to step in at every level of society to resolve these otherwise intractable conflicts and manage our way into the new epoch of human well-being. Then they ask us--the incompetent, pathological, unenlightened masses--to vote for them.

Investment that Raises the Demand for Capital

[This article first appeared in The Review of Economic Statistics, November, 1937.]

The purpose of this article is to state a proposition which underlies the modern “monetary over-investment theories” of the trade cycle in a form in which, as far as I know, it has never before been expressed but which seems to make this particular proposition so obvious as to put its logical correctness beyond dispute.