Free Markets

"Social scientists should inform the public that our government is not necessarily benevolent"

Allowing free entry to the arbitration market would allow firms to compete over the right to interpret and enforce contracts between doctors, patients, and insurers. This situation of dynamic competition will lead to a more efficient allocation of risk burden and make healthcare more accessible and valuable for all consumers.

"Preventing trade means that we use more resources to produce less wealth."

Buying gold and silver coins and holding them is not only a way of protecting oneself against inflation, but it is also, in a sense, a way of boycotting the federal reserve. That in itself would be reason enough to own them.

The real horror is the prohibition, which has brought about a dark despotism that everyone pretends not to notice.

The root of the current financial crisis was an artificially induced boom in the real economy, and asset-price markets that subsequently turned to bust. The bust led to a reduction in the values of many assets owned by banks.

Frenchie was an Abilene institution, like no computer programmer or personal banker could be.

It is neither the job of government nor the business of any individual to prohibit, regulate, restrict, or otherwise control what a man desires to eat, drink, smoke, inject, absorb, snort, sniff, inhale, swallow, or otherwise ingest into his body.

"Inflation worked as a tax on those further removed from government spending."

Mr. Chodorov sees history as an eternal struggle between social-power and political-power philosophies.