GAMBLING

There are few laws more absurd and iniquitous than the laws against gambling.

For a New Liberty, p. 134

HANSEN, ALVIN

… leaped on the New Economics to become the leading American Keynesian …

Economic Controversies, p. 273

… the outstanding Keynesian disciple in [the United States].

Economic Depression, p. 44

… the renowned left Keynesian Alvin Henry Hansen, in his famous “stagnation” thesis of the late 1930s, forecast permanent stagnation … Hansen developed this doctrine as the logical outcome of a rigid Walrasian framework.

Economic Thought Before Adam Smith, p. 209n5

IDEAS

Machines are embodied ideas.

Classical Economics, p. 374

… if our ideas are determined, then we have no way of freely revising our judgments and of learning truth—whether the truth of determinism or of anything else.

Economic Controversies, p. 7

… ideas, freely adopted, determine social institutions, and not vice versa …

Economic Controversies, p. 9

JUDICIARY

… while the seeming independence of the federal judiciary has played a vital part in making its actions virtual Holy Writ for the bulk of the people, it is also and ever true that the judiciary is part and parcel of the government apparatus and appointed by the executive and legislative branches … this means that the State has set itself up as a judge in its own cause, thus violating a basic juridical principle for aiming at just decisions.

Egalitarianism as a Revolt Against Nature, p. 73

KANT, IMMANUEL

My own epistemological position rests on Aristotle and St. Thomas rather than Kant …

Economic Controversies, p. 108

LAISSEZ-FAIRE

… laissez-faire will lead to harmony, prosperity, and abundance, while government intervention leads to conflict and impoverishment …

Economic Controversies, p. 97

Laissez-faire and the free market become more and more evidently necessary as an industrial system develops; radical deviations cause breakdowns and economic crises.

Egalitarianism as a Revolt Against Nature, p. 47

… the laissez-faire forces were known as “liberals” and “radicals” …

For a New Liberty, p. 11

MACHIAVELLI, NICCOLÒ

Niccolò Machiavelli was reviled throughout Europe during the sixteenth century and on into the next two centuries. He was considered to be someone unique in the history of the West, a conscious preacher of evil, a diabolic figure who had unleashed the demons in the world of politics.

Economic Thought Before Adam Smith, p. 189

NATIONALISM

Nationalism is not a unitary, monolithic phenomenon. If it is aggressive, we should oppose it; if liberatory, we should favor it.

Egalitarianism as a Revolt Against Nature, p. 197

… one of the basic doctrines and tactics of the rulers of each State has been to identify itself with the territory it governs. Since most men tend to love their homeland, the identification of that land and its population with the State is a means of making natural patriotism work to the State’s advantage.

For a New Liberty, p. 71

PACIFISM

… any such total objector to violence must then be consistent and advocate that no criminal ever be punished by the use of violent means. And this implies, let us note, not only abstaining from capital punishment but from all punishment whatsoever, and, indeed, from all methods of violent defense that might conceivably injure an aggressor.

Ethics of Liberty, p. 53

RACISM

… irrational discrimination in employment tends to be minimal in the free market, for the simple reason that the employer also suffers from such discriminatory practice. In the free market, every worker tends to earn the value of his product, his “marginal productivity.” Similarly, everyone tends to fill the job he can best accomplish, to work at his most productive efforts. Employers who persist in paying below a person’s marginal product will hurt themselves by losing their best workers and hence losing profits for themselves.