Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that read more

Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that set of options which has economic value...It is the options, and not the physical things, which are the "property" - economically as well as legally...But because the public tends to think of property as tangible, physical things, this opens the way politically for government confiscation of property by forcibly taking away options while leaving the physical objects untouched.

The death of democracy is not likely to be an assassination from
ambush. It will be a slow extinction from read more

The death of democracy is not likely to be an assassination from
ambush. It will be a slow extinction from apathy, indifference,and
undernourishment.

A lot of fellows nowadays have a B. A., M. D., or Ph. D. Unfortunately, they don't have a J. read more

A lot of fellows nowadays have a B. A., M. D., or Ph. D. Unfortunately, they don't have a J. O. B.

There is no such thing as justice--in or out of court.

There is no such thing as justice--in or out of court.

God himself has no right to be a tyrant.

God himself has no right to be a tyrant.

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If read more

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Equality, in a social sense, may be divided into that of condition, and that of rights. Equality of condition is read more

Equality, in a social sense, may be divided into that of condition, and that of rights. Equality of condition is incompatible with civilization, and is found only to exist in those communities that are but slightly removed from the savage state. In practice, it can only mean a common misery.

If we desire respect for the law, we must first make the law respectable.

If we desire respect for the law, we must first make the law respectable.

The notion of a farseeing and despotic statesman, who can lay down plans for ages yet unborn, is a fancy read more

The notion of a farseeing and despotic statesman, who can lay down plans for ages yet unborn, is a fancy generated by the pride of the human intellect to which facts give no support.