Free Markets

Competition is a process of the formation of opinion: by spreading information, it creates that unity and coherence of the economic system which we presuppose when we think of it as one market.

The private sector could take care of itself if the government would just leave it alone.

On the contrary, free enterprise and limited government have a proven track record and sound theoretical underpinnings.

The essential critical faculty cannot be developed when we copycat the questions and conclusions of others.

Free minds are inventive minds. That is why America has always been a land of inventors.

"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.