Property is a central economic institution of any society, and private property is the central institution of a free society.

Property is a central economic institution of any society, and private property is the central institution of a free society.

War: a wretched debasement of all the pretenses of civilization.

War: a wretched debasement of all the pretenses of civilization.

If history could teach us anything, it would be that private property is inextricably linked with civilization.

If history could teach us anything, it would be that private property is inextricably linked with civilization.

Systems are to be appreciated by their general effects, and not by particular exceptions.

Systems are to be appreciated by their general effects, and not by particular exceptions.

In a democracy dissent is an act of faith. Like medicine, the test of its value is not in its read more

In a democracy dissent is an act of faith. Like medicine, the test of its value is not in its taste, but in its effects.

If we would have civilization and the exertion indispensable to its success, we must have property; if we have property, read more

If we would have civilization and the exertion indispensable to its success, we must have property; if we have property, we must have its rights; if we have the rights of property, we must take those consequences of the rights of property which are inseparable from the rights themselves.

In America, it is indispensable that every well wisher of true liberty should understand that acts of tyranny can only read more

In America, it is indispensable that every well wisher of true liberty should understand that acts of tyranny can only proceed from the publick. The publick, then, is to be watched, in this country, as, in other countries kings and aristocrats are to be watched.

The war for liberty never ends. One day liberty has to be defended against the power of wealth, on another read more

The war for liberty never ends. One day liberty has to be defended against the power of wealth, on another day against the intrigues of politicians, on another against the dead hand of bureaucrats, on another against the patrioter and the militarist, on another against the profiteer, and then against the hysteria and the passions of the mobs, against obscurantism and stupidity, against the criminal and against the overrighteous. In this campaign every civilized man is enlisted till he dies, and he only has known the full joy of living who somewhere and at some time has struck a decisive blow for the freedom of the human spirit.

There is nothing an economist should fear so much as applause.

There is nothing an economist should fear so much as applause.