Liberty Defined
A person cannot do right except in a situation where there is also the option of doing wrong.
A person cannot do right except in a situation where there is also the option of doing wrong.
It is striking to realize that dikes were not only built without the state, but also that the dike areas can be regarded as seceding territories, which came close to private-law societies.
The laws of economics are not suspended by bureaucrats' political interference, and prices do not respond to their dictates. Rather, economic chaos results.
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.