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.

...there is no glory in battle worth the blood it costs.

...there is no glory in battle worth the blood it costs.

The New Deal began, like the Salvation Army, by promising to save humanity. It ended, again like the Salvation Army, read more

The New Deal began, like the Salvation Army, by promising to save humanity. It ended, again like the Salvation Army, by running flop-houses and disturbing the peace.

The frustrated follow a leader less because of their faith that he is leading them to a promised land than read more

The frustrated follow a leader less because of their faith that he is leading them to a promised land than because of their immediate feeling that he is leading them away from their unwanted selves. Surrender to a leader is not a means to an end but a fulfillment. Whither they are led is of secondary importance.

The jury has a right to judge both the law as well as the fact in controversy.

The jury has a right to judge both the law as well as the fact in controversy.

Nothing is quite so wretchedly corrupt as an aristocracy which has lost its power but kept its wealth and which read more

Nothing is quite so wretchedly corrupt as an aristocracy which has lost its power but kept its wealth and which still has endless leisure to devote to nothing but banal enjoyments. All its great thoughts and passionate energy are things of the past, and nothing but a host of petty, gnawing vices now cling to it like worms to a corpse.

We should...be able to see that our interest would be best served not by asking the state to promulgate our read more

We should...be able to see that our interest would be best served not by asking the state to promulgate our values but by forbidding the state to promulgate any values at all. If the state can espouse some value that we love, it can, with equal justice, espouse others we do not love.

An armed society is a polite society. Manners are good when one may have to back up his acts with read more

An armed society is a polite society. Manners are good when one may have to back up his acts with his life. - Beyond the Horizon, 1942.

Ever since the beginning of modern science, the best minds have recognized that "the range of acknowledged ignorance will grow read more

Ever since the beginning of modern science, the best minds have recognized that "the range of acknowledged ignorance will grow with the advance of science." Unfortunately, the popular effect of this scientific advance has been a belief, seemingly shared by many scientists, that the range of our ignorance is steadily diminishing and that we can therefore aim at more comprehensive and deliberate control of all human activities. It is for this reason that those intoxicated by the advance of knowledge so often become the enemies of freedom.