Entrepreneurship

Scalpers fight against the notion that people must be protected from free, uncoerced exchanges.

The paradox is that if Nock had but known it, Columbia College in his day was the nearest approximation to the ideal set forth in his lectures.

Liberty is an end unto itself, with prosperity as its positive externality.

Even some of the big unions, the steel union, for example, now doubt the effectiveness of wage increases that run beyond productivity.

The scholars, writers, and philosophers of a society have to be good or there is really little hope.

"They took care of themselves and recognized that having freedom means the freedom to fail as well as to succeed."

By Mises' teachings he has sown the seeds of a regeneration which will bear fruit as soon as men once more begin to prefer theories that are true to theories that are pleasing.

Nock was opposed to the state system, whatever name it assumes, but he was not an anarchist.

Nevertheless, if we wish to save the capitalist system (or perhaps, to reinstate it), we must reexamine what made this system so successful in the first place, as well as which forces constitute the greatest threats to its existence.

The system of voluntary exchange and experimentation based on secure private-property rights — what we loosely call "capitalism" — expands rather than restricts our material and nonmaterial opportunities.