Every socialist is a disguised dictator.
The valuations which result in determination of definite prices are different. Each party attaches a higher value to the good he receives than to that he gives away. The exchange ratio, the price, is...
The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to the coun...
Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may h...
Trade and money, which go together in a stream of energy, inevitably wash away the enclosing walls of a society of status.
People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.
The paralysis of potential is essential to the manufacturing of victims.
The principle that the end justifies the means is in individualist ethics regarded as the denial of all morals. In collectivist ethics it becomes necessarily the supreme rule.
Commerce tends toward rewarding inclusion, broadness, and liberality. Tribal loyalties, ethnic and religious bigotries, and irrational prejudices are bad for business. The merchant class has been conv...
I will feel no guilt on shutting my door to those who didn't listen.
Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money qu...
Deep pockets and empty hearts rule the world. We unleash them at our peril.
Countries adopting free-market capitalism have increased output 70-fold, halved work days and doubled lifespans.
Without anarchy, there would be chaos.
Producing laws is not an easier job than producing cars and food, so if the government is incompetent to produce cars or food, why do you expect it to do a good job producing the legal system within w...
The military state is the final form to which every planned economy tends rapidly.
Liberty should be understood as freedom from the government, specifically, freedom from the initiation of physical force by the government.
If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers.
Laissez faire (in its full true meaning) opens the way to the realization of the noble dreams of socialism.
To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.
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