Interventionism

Libertarians must form and maintain organizations not only to promote their broad principles but to promote these principles in special fields.

One of the most blatant examples of this non sequitur occurs in discussions of the "free rider problem" and the alleged solution of government provision of so-called public goods.

During the 1920s, the emerging individualists and libertarians — the Menckens, the Nocks, etc. — were generally considered Men of the Left. This all changed with the New Deal.

Man discovered the value of free markets, free competition, and free enterprise. But then the governments man created to "protect" these rights destroyed them instead. 

Out of false theories of employment, money, and interest, Keynes has distilled a fantastically wrong theory of capitalism and of a socialist paradise erected out of paper money.

History tells us that government is at heart a counterfeiter and therefore cannot be trusted to control money. This is true of both autocratic and popular government. 

The violator of his property is not the maverick company that pays the bribe, but the producer who violates his contract with the sponsor by accepting it.

Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.

In 1929, what remained of laissez-faire policy in America was brushed aside. Led by President Hoover, the government embarked on what has accurately been called the "Hoover New Deal."

"If you give the State power to do something for you, you give it an exact equivalent of power to do something to you."