Capitalism without bankruptcy is like Christianity without hell.

Capitalism without bankruptcy is like Christianity without hell.

Taking the State wherever found, striking into its history at any point, one sees no way to differentiate the activities read more

Taking the State wherever found, striking into its history at any point, one sees no way to differentiate the activities of its founders, administrators and beneficiaries from those of a professional-criminal class.

There's only one basic human right, the right to do as you damn well please. And with it comes the read more

There's only one basic human right, the right to do as you damn well please. And with it comes the only basic human duty, the duty to take the consequences.

There is Jackson with his Virginians, standing like a stone wall. Let us determine to die here, and we will read more

There is Jackson with his Virginians, standing like a stone wall. Let us determine to die here, and we will conquer.

The multitude is always in the wrong.

The multitude is always in the wrong.

It is the besetting vice of democracies to substitute public opinion for law. This is the usual form in which read more

It is the besetting vice of democracies to substitute public opinion for law. This is the usual form in which the masses of men exhibit their tyranny.

The object and practice of liberty lies in the limitation of governmental power.

The object and practice of liberty lies in the limitation of governmental power.

If a politician murders his mother, the first response of the press or of his opponents will likely be not read more

If a politician murders his mother, the first response of the press or of his opponents will likely be not that it was a terrible thing to do, but rather that in a statement made six years before he had gone on record as being opposed to matricide.

The danger inherent in reform is that the cure may be worse than the disease. Reform is an operation on read more

The danger inherent in reform is that the cure may be worse than the disease. Reform is an operation on the social body; but unlike medical surgeons, reformers are not on guard against unpredictable side effects which may divert the course of reform toward unwanted results. Moreover, quite often the social doctors become part of the disease.