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Proponents of Medicaid expansion pioneered new ways of covering up the true costs of a government program.
Friedrich Hayek called Franklin Roosevelt "the greatest of modern demagogues."
Many entrepreneurs go into the marketplace with romantic and abstract notions of how markets work. But there's nothing romantic or abstract about the losses incurred by failed entrepreneurs.
Philosophy and Methodology
Bodily integrity and self-ownership supplement each other: they do not compete for our allegiance.
The more widespread social programs become, the more they tend to undermine the social interactions and exchanges necessary to build wealth.
When socialists held up Venezuela in the 2000s, the message was, ‘See, we told you so; socialism works!’ but when failure happened, the message changed to, “No, wait — that’s not real socialism!’
Governments love to use war analogies, framing themselves as the heroes fighting the bad guys. But when it comes to trade wars, governments are the bad guys, and individuals are the victims.