Free Markets

Rather than look to the state to transform flawed creatures into saints, we should strive to take human beings as they are and direct their energies into productive outlets rather than antisocial outlets.

Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.

Crusoe economics can aid greatly in solving such problems of political philosophy as the nature and role of liberty, property, and violence.

If we wish to gain insight into the essence of nationality, we must proceed not from the nation but from the individual. What is the national aspect of the individual person and what determines his belonging to a nation?

Discipline after discipline has been invaded by an arrogant band of hermeneuticians, and now even economics is under assault.

The aim of the law should not be to constrict but to maximize price freedom and market freedom.

In that epoch of virtually unchallenged Keynesian ascendancy, Hutt's work was a beacon for those who defended the truth that economics is about the choices and actions of real human beings.

Recorded in St. Petersburg, Florida on October 22, 2021.

Misesian economics is a foremost threat to the state for it explains the working of the natural order of society and the crippling effects of state interference.

Wapshott has made a career of writing about the clash between economists who favor the free market and those who support a "mixed economy." But he shows his heart by saying that in emergencies, government must supplant the market.