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    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.

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  12  /  19  

No amount of study or learning will make a man a leader unless he has the natural qualities of one. read more

No amount of study or learning will make a man a leader unless he has the natural qualities of one. - "London Times", February 17, 1941.

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The mystery of government is not how Washington works but how to make it stop.

The mystery of government is not how Washington works but how to make it stop.

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...as long as mankind shall continue to bestow more liberal applause on their destroyers than on their benefactors, the thirst read more

...as long as mankind shall continue to bestow more liberal applause on their destroyers than on their benefactors, the thirst of military glory will ever be the vice of the most exalted characters.

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  6  /  17  

The aggressor is always peace-loving; he would prefer to take over our country unopposed.

The aggressor is always peace-loving; he would prefer to take over our country unopposed.

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Governments need armies to protect them against their enslaved and oppressed subjects.

Governments need armies to protect them against their enslaved and oppressed subjects.

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Democracy is when the indigent, and not the men of property, are the rulers.

Democracy is when the indigent, and not the men of property, are the rulers.

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Capitalism without bankruptcy is like Christianity without hell.

Capitalism without bankruptcy is like Christianity without hell.

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Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility read more

Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other.

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In republican governments, men are all equal; equal they are also is despotic governments: in the former, because they are read more

In republican governments, men are all equal; equal they are also is despotic governments: in the former, because they are everything; in the latter, because they are nothing.

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