If the bureaucracy is not checked, it will tend to build, in the name of peace, a defense against every conceivable contingency - so much 'security' that 'the secured' are without resources - helpless and hopeless.

What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.

The libertarian can have no truck with 'left' or 'right' because he regrets any form of authoritarianism - the use of police force to control the creative life of man.

I can remember the time when, if we wanted a house or housing, we relied on private enterprise. In fact, Americans built more square feet of housing per person than any other country on the face of the earth. Despite that remarkable accomplishment, more and more people are coming to believe that the only way we can have adequate housing is to use government to take the earnings from some and give these earnings, in the form of housing, to others.

There is really nothing that can be done except by an individual. Only individuals can learn. Only individuals can think creatively. Only individuals can cooperate. Only individuals can combat statism.

No one has more than scratched the surface when it comes to understanding and explaining the miracle of the market.

The more complex our economy, the more we should rely on the miraculous, self-adapting processes of men acting freely. No mind of man nor any combination of minds can even envision, let alone intelligently control, the countless human energy exchanges in a simple society, to say nothing of a complex one.