Free Markets

"The object aimed at in the punishment of vices is to deprive every man of his natural right and liberty to pursue his own happiness under the guidance of his own judgment and by the use of his own property."

Ch'ien was one of the world's first monetary theorists. He pointed out that increased quantity and a debased quality of coinage by government depreciates the value of money and makes prices rise. And he saw too that government inherently tended to engage in this sort of inflation and debasement.

Until corporate welfare takes a backseat to real, proven solutions that help stateside consumers save a bundle at the pump (and help our less-prosperous allies financially), corn will remain king.

It seems there is a terrible price to be paid for genius.

To draw insights from all sources is to create the kind of diversity that makes for a vibrant and productive intellectual paradigm and an endlessly fascinating website erected in the defense of liberty.

There are no natural laws governing the behavior of complex systems.

"To all collectivists, including Dickens, the idea that more wealth could be created never manages to invade their imaginations."

The inevitable result will be the complete dissolution of the private health-insurance market.

The Austrian, broad approach to the study of social reality is something which legal theorists could very much benefit from.

The human desire for freedom has always run up against those who believe "too much" freedom is a bad thing and that the "common good" — as defined by some elite — outweighs the rights of the individual.