The goal of intellectual life should be to see and understand what is true, not merely to adhere to a prevailing orthodoxy.

Someone asked me the other day if I believe in conspiracies. Well, sure. Here's one. It is called the political system. It is nothing if not a giant conspiracy to rob, trick and subjugate the population.

Anarchy is all around us. Without it, our world would fall apart. All progress is due to it. All order extends from it. All blessed things that rise above the state of nature are owned to it. The human race thrives only because of the lack of control, not because of it. I’m saying that we need ever more absence of control to make the world a more beautiful place. It is a paradox that we must forever explain.

Here we have the heart of the difference between Hayek and Keynes: one knew that markets work to give us the best of all possible worlds, while governments create and exacerbate malfunctions; the other imagined that governments were somehow capable of both perceiving and correcting malfunctions by means of the printing press, provided the right technocrats are in charge.

Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that the price goes up and up, look for the regulation that is causing it. This applies regardless of the sector, whether transportation, gas, education, food, beer, or daycare. There is something in the way that is preventing the market from working as it should. If you look carefully enough, you will find the hand of the state making the mess in question.

Liberty is not about class war, income war, race war, national war, a war between the sexes, or any other conflict apart from the core conflict between individuals and those who would seek power and control over the human spirit. Liberty is the dream that we can all work together, in ways of our choosing and of our own human volition, to realize a better life.

I'm not for pretending that bad stuff doesn't exist, and a passion for justice and truth is a libertarian trait. But the idea of liberty should also reveal new forms of beauty in the world, astonishing evidence of order without dictate, lovely examples of innovation without planning, and other magical things. Surely these deserve some attention too.