Democracy virtually assures that only bad and dangerous men will ever rise to the top of government.
Hans-Hermann HoppeDemocracy has nothing to do with freedom. Democracy is a soft variant of communism, and rarely in the history of ideas has it been taken for anything else.
Hans-Hermann HoppeIt is states that are responsible for the deaths of hundreds of millions of people and immeasurable destruction in the 20th century alone. Compared to that, the victims of private crimes are almost negligible.
Hans-Hermann HoppeContrary to any claim of a systematically โneutralโ effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.
Hans-Hermann HoppeThanks to the central bank, most "monetary experts" and "leading macro-economists" can, by putting them on the payroll, be turned into government propagandists "explaining," like alchemists, how stones (paper) can be turned into bread (wealth).
Hans-Hermann HoppeEconomic theory has nothing to say as to what commodity will acquire the status of money. Historically, it happened to be gold. But if the physical makeup of our world would have been different or is to become different from what it is now, some other commodity would have become or might become money. The market will decide.
Hans-Hermann Hoppe