The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The read more

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The first lesson of politics is to disregard the first lesson of economics.

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 aspiration toward freedom is the most essentially human of all human manifestations.

The aspiration toward freedom is the most essentially human of all human manifestations.

A good cause can become bad if we fight for it with means that are indiscriminately murderous. A bad cause read more

A good cause can become bad if we fight for it with means that are indiscriminately murderous. A bad cause can become good if enough people fight for it in a spirit of comradeship and self-sacrifice. In the end it is how you fight, as much as why you fight, that makes your cause good or bad.

In a democracy, dissent is an act of faith.

In a democracy, dissent is an act of faith.

Politics is not an exact science.

Politics is not an exact science.

The notion that a radical is one who hates his country is naive and usually idiotic. He is, more likely, read more

The notion that a radical is one who hates his country is naive and usually idiotic. He is, more likely, one who likes his country more than the rest of us, and is thus more disturbed than the rest of us when he sees it debauched. He is not a bad citizen turning to crime; he is a good citizen driven to despair.

The crime bill passed by the Senate would reinstate the Federal death penalty for certain violent crimes: assassinating the President; read more

The crime bill passed by the Senate would reinstate the Federal death penalty for certain violent crimes: assassinating the President; hijacking an airliner; and murdering a government poultry inspector.

The aim of all struggles for liberty is to keep in bounds the armed defenders of peace, the governors and read more

The aim of all struggles for liberty is to keep in bounds the armed defenders of peace, the governors and their constables. The political concept of the individual's freedom means: freedom from arbitrary action on the part of the police power.