Free Markets

The more entrepreneurs can engage in peaceful and coordinating actions that try to satisfy demands of consumers, the less likely war is made.

Our talks today were in the Chapter room where Francisco Vitoria taught and the professors of the 15th and 16th centuries gave papers for each other before their public presentations at the university.

Obviously, the free movement proviso is a far-reaching restriction of the property right of route owners as it would be defined according to the "freedom as property" conception, but it is not an arbitrary restriction — in fact, it is rooted the idea of freedom, which is, or should be, the supreme libertarian value.

Given that we have rising unemployment, a reduction in minimum-wage rates might bring relief to some unemployed workers.

"Without the historical act of saving, which is now embodied in capital goods, there would be no economy at all."

"The marginal cost of downloads is approaching zero. The access is approaching universal. The capacity for copying is infinite. And the results are everlasting."

"FDA bureaucrats are extremely risk averse."

"There is no market for the judgment that entrepreneurs rely on, and therefore exercising judgment requires the person with judgment to start a firm."

Driven by strong convictions and a fervent belief in freedom, Georgiana was a master political propagandist, a powerful negotiator, an impassioned orator, and a keen political strategist.

Zigler was a "gifted writer and critical thinker." The world doesn't have enough of either, let alone both wrapped into one.