Monthly Archives: July 2012

The fallacy of destruction

“Yet the broken window fallacy, under a hundred disguises, is the most persistent in the history of economics.  It is more rampant now than at any time in the past.  It is solemnly reaffirmed everyday by great captains of industry, … Continue reading

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“When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.” Frédéric Bastiat

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This baby has something to say:

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Business license: why?

Business licenses require property owners to get permission slips from the government in order to use and sell their own property. My question is: WHY? Entrepreneurs shouldn’t need government permission slips!   Business Licensure: A Protectionist’s Dream Should businesses be … Continue reading

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The safest thing is to be free

“I believe that it is better to be free than to be not free, even when the former is dangerous and the latter safe.  I believe that the finest qualities of man can flourish only in free air -that progress … Continue reading

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The claim for equality

“A claim for equality of material position can be met only by a government with totalitarian powers”. Friedrich von Hayek

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