Inventive Progress
"It is only when men are free that they begin to place a value on their time; and when men begin to place a value on human time, they begin to realize the importance of preserving human life."
"It is only when men are free that they begin to place a value on their time; and when men begin to place a value on human time, they begin to realize the importance of preserving human life."
To converse with others, associate with them, shake hands with them, or even to experience such intimacies as a sexual relationship, does not constitute a property relationship, but rather a relationship with a property owner.
Deflationary policy is costly for the treasury and unpopular with the masses. But inflationary policy is a boon for the treasury and very popular with the ignorant. Practically, the danger of deflation is but slight and the danger of inflation tremendous.
While totalitarian governments seek to stifle the human spirit and initiative, there are always brave souls who either pierce or work around the walls that governments erect.
Property rights, when well-defined and protected, create incentives for self-interested owners to utilize resources in numerous ways that promote the social good.
"Orphan's treatment as capital goods on the market would lead to far more just outcomes for them than will their treatment as political capital goods by statist monopolies."
It is Rothbard and Hülsmann that know the way to prosperity: we must bring back failure and deflation.
There is no "socially desirable" level of work or of saving and investment other than what individuals freely choose as desirable. And unless the case for "supply-side" economic reform is modified to reflect an argument for individual freedom, it may very well serve as a means for even greater state control over the economy and not less.
Only you can improve yourself to the point where you are competent and capable of defeating socialism within yourself. Only by so doing can you become able to serve the cause of freedom for all men.
Libertarians should not shy away from presenting "policy issues" in terms of their actual meaning — in terms of criminality versus law.