Free Markets

"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.

"There is much more certainty in a decentralized legal system than in a centralized, legislation-based system."

State-issued money, as the "critical command post," serves to subtly reinforce the authority of the state, insidiously plunder the savings and purchasing power of its subjects, and massively manipulate the economy.

Private providers of orphan transfer can be expected to treat orphans with deeper respect than governments can be expected to; in a free market, in fact, they will have no other option.

"And it is here — let's pinpoint the exact date at Greenspan's 'irrational-exuberance' call in December 1996 — where the Austrian men separate themselves from the Keynesian and Friedmanite boys."

But if a little time is spent on this formula of the five costs of production, it is simple to establish that there is no such thing as "surplus value," and that the "labor theory of value" is an oversimplification.