Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.

Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.

We are ever aware that politics is an ugly struggle that determines 'who gets what, when, and how.' It is the favorite occupation of people who serve special interests, who have axes to grind, and public careers to advance. It is a game in which benefits are bestowed according to political skill and connection, rather than merit.

In expectation of his demise, a successful businessman may sell out to his competitors to prepare his estate with readily marketable securities, such as U.S. Treasury bonds. The confiscatory death tax eliminates many family enterprises and promotes the growth of giant corporations.

A government debt is a government claim against personal income and private property - an unpaid tax bill.

No other commodity enjoys as much universal acceptability and marketability as gold.

A monetary order created and managed by politicians and officials is bound to disappoint.