If you behave as a sovereign individual in your personal relationships, you will be contributing to your happiness and also to the transmission of the concept of individual sovereignty. That chain of good, I am certain, will abolish the chains of evil.
"I ought to exercise my talents for the benefit of others; but that exercise must be the fruit of my own conviction; no man must attempt to press me into the service."
William Godwin
"I contend that Professor King is a utilitarian rather than a natural-rights theorist."
"The very idea of a shortage of aggregate demand is absolutely meaningless."
An ever-growing diversion of real wealth toward government nonproductive programs runs the risk of further weakening the ability of the United States to generate real wealth.
Tech advances only happen under freedom, they do not just happen. Collectives do not make technology, only individuals do. Eliminating taxes would encourage investments. Tearing down all interventions and regulations would free enterprise.
A free market is just people making voluntary exchanges. Woods makes an example out of the creation of a ham sandwich. Welfare and warfare undermine the natural economic harmony of large scale social cooperation - the free market.
"Holt, in effect, reasoned his way to libertarianism from his relentless, dogged analysis of what worked and didn't work in education, in the schoolroom."
The way to stop the brain and capital drain is readily at hand. Relinquish controls. Stop taxing people abroad. Adopt laissez-faire. Reinstitute freedom. Reject militarism and nationalism.
The lesson of Mises and Hayek is clear: there is no substitute for the private ownership. Without it, economic calculation in a modern economy cannot take place.
