There is no difference in principle, ... between the economic philosophy of Nazism, socialism, communism, and fascism and that of the American welfare state and regulated economy.

A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.

For libertarians, freedom entails the right of people to live their lives any way they choose, so long as their conduct is peaceful. For conservatives, freedom entails the right of government to do just about anything it wants, even if its conduct is violent.

Is there another way? Of course there is. There is a way based on simple moral principles: Everyone keeps his own money. Everyone decides what to do with his own money. No income tax. No IRS. No government grants or assistance to anyone. All charity is voluntary. It's called freedom. It's a peaceful, harmonious way of life, one that Americans once believed in.

There is one-and only one-way to end the violence in Latin America. There is one-and only one-way to terminate the drug gangs. That way is by legalizing drugs. Legalizing drugs today would put an immediate end to the drug gangs and the drug-war violence.

Individual freedom and drug laws contradict each other. In a genuinely free society, people are free to ingest whatever they want to ingest, no matter how harmful or destructive. What people ingest is none of the government's business. If drug users or drug addicts wish to get help, a free society provides the means to do so.

History has shown more than once that when people surrender totalitarian powers to their rulers, they are inevitably exercised in the next big crisis. And let's not forget here that the next president who wields this power and who will be in charge of military might well be Hillary Clinton.