Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.

Statistics do not speak for themselves.

To the free man, the country is the collection of individuals who compose it, not something over and above them. He is proud of a common heritage and loyal to common traditions. But he regards government as a means, an instrumentality, neither a grantor of favors and gifts, nor a master or god to be blindly worshipped and served.

What's the difference? How can people be so inconsistent? Why is it that free immigration was a good thing before 1914 and free immigration is a bad thing today? Well, there is a sense in which that answer is right. There's a sense in which free immigration, in the same sense as we had it before 1914 is not possible today. Why not?

The free market is not only a more efficient decision maker than even the wisest central planning body, but even more important, the free market keeps economic power widely dispersed.

There is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves.

I would say that in this world, the greatest source of inequality has been special privileges granted by government.