Free Markets

Szasz and Leary often chose somewhat different public issues to speak out on, but both displayed an unwavering commitment to human liberty.

The state wants regress, and it is giving it to us good and hard.

Somalia is experiencing progress according to several criteria, despite (or, some would say, because of) its lack of a strong central government. As a result, it is by far the fastest growing, fastest improving among all the less developed countries. This should be a model for the world. 

Mexico is rapidly withering. Its very life is being siphoned off by a hopeless war on illegal drugs.

The world of Thomas the Tank Engine is impressively "bourgeois" — everyone is hard at work building civilization. The reason Thomas is the hero of the show isn't his strength (Hiro is stronger) or his speed (Spencer is faster). Rather, Thomas's one superlative trait is that he's a "Very Useful" engine.

This great company keeps reinventing itself to serve the public: real people, not abstractions.

Delivered at the Mises Institute on 24 June 2011.

While you may see those who walk away from underwater mortgages as morally wrong for breaking their mortgage vows, others see those who stay for the financial beating as stupid. No matter. As prices continue to fall, millions more will make a run for it.