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 ingrained idea that, because there is no king and they despise titles, the Americans are a free people is read more

The ingrained idea that, because there is no king and they despise titles, the Americans are a free people is pathetically untrue. There is a perpetual interference with personal liberty over there that would not be tolerated in England for a week.

Let the sun shine in.

Let the sun shine in.

Few men desire liberty; most men wish only for a just master.

Few men desire liberty; most men wish only for a just master.

No serious historian of politics would imagine that he had accounted for the protective tariff of the system of bounties read more

No serious historian of politics would imagine that he had accounted for the protective tariff of the system of bounties or subsidies, for the monetary and banking laws, for the state of law in regard to corporate privileges and immunities, for the actual status of property rights, for agricultural or for labor policies, until he had gone behind the general claims and the abstract justifications and had identified the specifically interested groups which promoted the specific law.

Justice is a concept. Muscle is the reality.

Justice is a concept. Muscle is the reality.

All the President is, is a glorified public relations man who spends his time flattering, kissing and kicking people to read more

All the President is, is a glorified public relations man who spends his time flattering, kissing and kicking people to get them to do what they are supposed to do anyway.

The genius of a good leader is to leave behind him a situation which common sense, without the grace of read more

The genius of a good leader is to leave behind him a situation which common sense, without the grace of genius, can deal with successfully.

Liberalism is trust of the people tempered by prudence. Conservatism is distrust of the people tempered by fear.

Liberalism is trust of the people tempered by prudence. Conservatism is distrust of the people tempered by fear.