This process, this method necessary to man's survival and prosperity upon the earth, has often been derided as unduly or exclusively "materialistic." But it should be clear that what has happened in this activity proper to man's nature is a fusion of "spirit" and matter; man's mind, using the ideas it has learned, directs his energy in transforming and reshaping matter into ways to sustain and advance his wants and his life. Behind every "produced" good, behind every man-made transformation of natural resources, is an idea directing the effort, a manifestation of man's spirit.

Cops must be unleashed, and allowed to administer instant punishment, subject of course to liability when they are in error.

After the Volcker Fund collapsed, I got another grant from the Lilly Endowment to do a history of the U.S., which I worked on from 1962-66. The original idea was to take the regular facts and put a libertarian assessment on everything.

Rights might be universal but their enforcement must be local.

The great non sequitur committed by defenders of the State, is to leap from the necessity of society to the necessity of the State.

The more consistently Austrian School an economist is, the better a writer he will be.

Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology.