A transcription of a wide-ranging lecture, full of insight as well as humor, by the great Austrian economist and social theorist Hans-Hermann Hoppe, discussing the state, anarchy, democracy, monarchy, crime, security, and more. Delivered at the 2009 Mises University.
The actual aim of the recent flood of laws rendering cash transactions less convenient or limiting or even prohibiting them is to force the public at large to make payments through the financial system in order to prop up the unstable fractional-reserve banks and, more importantly, to expand the ability of governments to spy on and keep track of their citizens’ most private financial dealings.
The indigent
segment of society, those who receive social welfare aid from the state, are not necessarily foremost among the parasites of the political means. Rather, in the statist economy of theft and wealth
redistribution, it is the elite — powerful, entrenched commercial players — who most benefit.
Lincoln's inversion of the original American conception of self-government must itself be inverted.
The only way out of this impasse is to abolish the state’s monopoly on the production of law and law enforcement.
The ultimate responsibility for the poker boom lay with the Federal Reserve.
Why should a price having fallen indicate that it will continue to fall? Why should past trends continue?
A common view held that the Bolshevik Revolution was largely a Jewish enterprise.
Theories that endeavor to connect Judaism and capitalism often, though not invariably, spring from distaste for one or both of the paired terms.
All workers who are unable to generate more revenue per hour for their employer than the legal minimum hourly wage are laid off.
