Capitalism without bankruptcy is like Christianity without hell.

Capitalism without bankruptcy is like Christianity without hell.

Individuality is the aim of political liberty. By leaving the citizen as much freedom of action and of being as read more

Individuality is the aim of political liberty. By leaving the citizen as much freedom of action and of being as comports with order and the rights of others, the institutions render him truly a freeman. He is left to pursue his means of happiness in his own manner.

Politics makes strange bed-fellows.

Politics makes strange bed-fellows.

It is no secret that organized crime in America takes in over forty billion dollars a year. This is quite read more

It is no secret that organized crime in America takes in over forty billion dollars a year. This is quite a profitable sum, especially when one considers that the Mafia spends very little for office supplies.

...the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us read more

...the case for individual freedom rests largely on the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend.

Politics is the art of the possible.

Politics is the art of the possible.

Politics: (noun) From Greek, poly, meaning many, and ticks, meaning bloodsuckers.

Politics: (noun) From Greek, poly, meaning many, and ticks, meaning bloodsuckers.

What the public does is not to express its opinions but to align itself for or against a proposal. If read more

What the public does is not to express its opinions but to align itself for or against a proposal. If that theory is accepted, we must abandon the notion that democratic government can be the direct expression of the will of the people. We must abandon the notion that the people govern. Instead we must adopt the theory that, by their occasional mobilizations as a majority, people support or oppose the individuals who actually govern. We must say that the popular will does not direct continuously but that it intervenes occasionally.

People are beginning to realize that the apparatus of government is costly. But what they do not know is that read more

People are beginning to realize that the apparatus of government is costly. But what they do not know is that the burden falls inevitably on them.