It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions read more

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

For the sake of domestic peace, liberalism aims at democratic government. Democracy is therefore not a revolutionary institution. On the read more

For the sake of domestic peace, liberalism aims at democratic government. Democracy is therefore not a revolutionary institution. On the contrary it is the very means of preventing revolution and civil wars. It provides a method for the peaceful adjustment of government to the will of the majority.

To complain of lack of leadership is, in the field of political affairs, the characteristic attitude of all harbingers of read more

To complain of lack of leadership is, in the field of political affairs, the characteristic attitude of all harbingers of dictatorship.

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.

Freedom is not worth having if it does not include the freedom to make mistakes.

Freedom is not worth having if it does not include the freedom to make mistakes.

When freedom prevails, the ingenuity and inventiveness of people creates incredible wealth. This is the source of the natural improvement read more

When freedom prevails, the ingenuity and inventiveness of people creates incredible wealth. This is the source of the natural improvement of the human condition.

There is no slavery but ignorance.

There is no slavery but ignorance.

China has no income tax, no unemployment and not a single soldier outside its borders.

China has no income tax, no unemployment and not a single soldier outside its borders.

...this is precisely the purpose of censorship- not only to block unwanted views, but to keep people who are unhappy read more

...this is precisely the purpose of censorship- not only to block unwanted views, but to keep people who are unhappy from knowing how many millions of others share their unhappiness; to keep the dormant opposition from awakening to its own developing strength.