Free Markets

First they came for the cigarettes, then Hank Williams Jr. got knocked off Monday Night Football.

There is no evidence that a market system will bring about a tendency toward monopolistic growth; the state does that.

The more you behave, the more people trust you. The more certain it becomes that you will pay what you owe, the more people are going to extend you credit. The truly wonderful thing about this system is that it is entirely private. No one is coerced.

Ron Paul runs an honest campaign. Unlike that of the typical politician who carefully tailors his speeches to match the prejudices or vested interests of his audience, Dr. Paul's message is always the same: fractional-reserve banking and fiat money are violations of historic legal principles.

We would do well to study the intellectual, political, social, and economic history that made Mises write with such urgency and passion.

There is 1 percent out there who do live parasitically off the population and exploit the 99 percent. Even today the state is made up of a tiny sliver of the population but is the cause of all the impoverishing wars, inflation, taxes, regimentation, and social conflict.

Whether it's diamonds and water or hardbacks and e-books, the only cogent explanation for prices comes from the Austrians, not the classical economists.

From Man, Economy, and State, narrated by Jeff Riggenbach.

What the protesters do not realize is that the wealth of the 1 percent provides the standard of living of the 99 percent.

The labor of the plowman is of less value than that of the artisan.