World History

Economists demonstrate that the various measures of government interference with market phenomena do not produce the results aimed at by the governments resorting to them.

All conservative socialist systems — such as feudalism, monarchies, Nazism, and the Republican Party — lead to impoverishment just like social-democratic socialism.

"Since the functional unit of all life and all action is the individual person, it is here that any sound concept of human rights must be anchored."

Any extension will open questions, not close them. Any extension will not make us more secure where we are, but will force us to take new measures to secure our new acquisitions.

Once the overseers of the Department of Agriculture got control of the farmers and the lands of America, there was no way of returning to the regime of private ownership; there was no inclination to, for the farmers were quite content to swap the hazards of their trade for the subsistence doled out to them by the bureaucrats.

Rothbard's discussion of utility constitutes only one strand in his powerfully argued case that Smith derailed economics from the analytical achievements of the scholastics and their French and Italian successors.

"An authoritarian state can never be peaceful because it can never be healthy; even if such a nation is unable to carry on a war against other nations, it is still at war with its own citizens."

Once the war began, Lincoln conducted himself as a thoroughgoing dictator, and DiLorenzo gives a full account of the president's suppression of civil liberties.

The Communists rebuff any connection with the bourgeoisie. Even if the Front Populaire were to be renewed, an affiliation with the Communists would hardly be realizable for monarchists.

Nicholas Biddle was the president of the American central bank that preceded the Fed.