“Rhetorical bombast, music and song resound, banners wave, flowers and colors serve as symbols, and the leaders seek to attach their followers to their own person. Liberalism has nothing to do with ...”

“An attempt is sometimes made to demonstrate the desirability of measures directed against speculation by reference to the fact that there are times when there is nobody in opposition to the bears i...”

“Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bil...”

“But there are nevertheless three conclusions that seem to follow from our critical examination of the possibilities of inflationary policy. In the first place, all the aims of inflationism can be s...”

“That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really ...”

“Restrictionism, however, demands positive sacrifices from the national exchequer when it is carried out by the withdrawal of notes from circulation (say through the issue of interest-bearing bonds ...”

“In spite of its alluring name, the welfare state stands or falls by compulsion. It is compulsion imposed upon us with the states power to punish noncompliance. Once this is clear, it is equally cle...”

“The welfare of a people lies not in casting other peoples down but in peaceful collaboration.”

“Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the...”

“In my opinion, the sun was made to light worthier toil than this.”

“Perhaps if we could popularise through the techniques of branding and consumerism, a different idea, a different narrative, perhaps the world can change. After all it changes constantly and incessa...”

“The owner of the means of production is in a position to purchase the labor power of the worker. By using the means of production, the worker produces new goods which become the property of the cap...”

“A free society cherishes nonconformity. It knows that from the non-conformist, from the eccentric, have come many of the great ideas of freedom. A free society fertilizes the soil in which non-conf...”

“The search for liberty is simply part of the greater search for a world where respect for the rule of law and human rights is universala world free of dictators, terrorists, warmongers and fanatics...”

“It is illogical to say, as many etatists do, that liberalism is hostile to or hates the state, because it is opposed to the transfer of the ownership of railroads or cotton mills to the state. If a...”