Free Markets

The book is not about the need to cut the budget. Well, sure, the budget would be low to nonexistent if people adopted the views I defend here. But my aim is far more ambitious than that. I am inviting the reader, step by step, to rethink the view of government and society he has imbibed since childhood. A tall order, to be sure. But I'm throwing everything I've got at it.

Man the producer must have freedom, while man the predator puts limitations on freedom.

Hutcheson brought to Scottish philosophy a solid belief in natural rights and in the beneficence of nature.

DeLong misunderstood Volokh's nuanced position — which is not surprising, because he was prepared to declare Volokh insane.

<p>Joseph Schumpeter is smiling while the equity holders of Borders stock are crying.</p>

This world-renowned merchant  seeks no fame for his business achievements. Yet there is no story more full of encouragement and inspiration for youth.

Romance starts with a first move. Just as it is the role of the entrepreneur to shoulder the risk of capital investment in order to potentially achieve profit, it is the role of an instigator to take the risk in the hope of finding romantic success. Without an entrepreneur, economic growth is unobtainable; without someone making a first move, romantic growth is unobtainable.

Socialism has simmered down to the advocacy of strong government, with this proviso: that that government is best which is run by socialists. Too many capitalists have made their peace with this system.