From “Capitalism the Creator: The Mises Circle in Seattle,” a Curt and Allora Doolittle Seminar. Recorded 17 May 2008.
H.L. Mencken once described democracy as "simply a battle of charlatans for the votes of idiots."
"It is absurd to believe that an agency that may tax without consent can be a property protector. Likewise, it is absurd to believe that an agency with legislative powers can preserve law and order."
The happy life comes through permitting maximum freedom to associate and choose — a freedom that applies to everyone and under all circumstances, without exception.
Envy-based policies seem to persist, whether in the form of progressive taxation or in assumptions that a state like New York can decide something as subjective as the reasonableness of salary contracts freely agreed upon.
To avoid such economic crises and such unjustifiable redistribution of income from the many to the few, one has to end the legal interference that has created the present system.
One of my favorite blogs on Mises.org is Copyfascism Watch because it alway
The Rothbard Memorial Lecture, from the 2008 Austrian Scholars Conference at the Ludwig von Mises Institute; Auburn, Alabama.
In its Kelo decision, the Supreme Court upheld Connecticut's decision to use its eminent domain powers to take property from one set of private owners and give it to another set of private owners.
