No state empowered to do what is supposedly necessary will restrain itself to those things. It will expand as much as public opinion will tolerate.

Profit is a signal that valuable services are being rendered to people on a voluntary basis.

Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.

All the stuff that makes life worth living is produced privately, and all that the government does is slow down the progress of civilization and bring destruction and disaster wherever it goes.

The private sector is creating a miracle a day, even as the stuff that government attempts is failing left and right.

Americans are coming to their senses, and the libertarian theory of society and government is pointing the way. The times change, but the enduring principles that help us to interpret and understand the world do not. It remains true now, as then, as in the future, saecula saeculorum, that government provides neither an effective nor a moral means for solving any human problem.

What makes for the good society is a sound economy. Without it, all the rest falls apart.