Profiles

The false-money debate of 1866 in the J ournal des Economistes was the first time that uncompromising laissez-fair advocates clashed on the question of fiduciary media.

The benefits of a system of old-age security without the state would be more than economic. It would also foster the acquisition of personal virtues and responsibility, which would then be reflected in other spheres of private and social life. A non-governmental system would even treat the least...

The best solution is also the simplest: get the state out of the way.