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.
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Mankind must put an end to war, or war will put an end to mankind.
Mankind must put an end to war, or war will put an end to mankind.
Habit is the denial of creativity and the negation of freedom; a self-imposed straitjacket of which the wearer is unaware.
Habit is the denial of creativity and the negation of freedom; a self-imposed straitjacket of which the wearer is unaware.
Lookit, I've done it their way this far and now it's my turn. I'm my own handler. Any questions? Ask read more
Lookit, I've done it their way this far and now it's my turn. I'm my own handler. Any questions? Ask me... There's not going to be any more handler stories because I'm the handler... I'm Doctor Spin.
Extremism in the defense of liberty is no vice. And moderation in the pursuit of justice is no virtue.
Extremism in the defense of liberty is no vice. And moderation in the pursuit of justice is no virtue.
Power tires only those who do not have it.
Power tires only those who do not have it.
Justice is better than chivalry if we cannot have both.
Justice is better than chivalry if we cannot have both.
One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making read more
One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making units, the structuring of their incentives, and the counterbalancing of the units against one another, rather than on the more usual (and more exciting) principle of substituting "the good guys" for "the bad guys.".
The thing I enjoyed most were visits from children. They did not want public office.
The thing I enjoyed most were visits from children. They did not want public office.
In modern war, the longest purse decides oftener than the longest sword.
In modern war, the longest purse decides oftener than the longest sword.
