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 public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.

Only the State legally obtains its revenue by coercion.

True #‎ anarchism will be #‎ capitalism , and true capitalism will be anarchism.

Inflation, being a fraudulent invasion of property, could not take place on the free market.

[Professional politicians] don't mind if price controls cause shortages of health care. In fact, they welcome the prospect, because then they can impose rationing; they can impose priorities, and tell everyone how much of what kind of medical care they can have. And besides, ... there's that deeply satisfying rush of power.

The more these readjustments are delayed ... the longer the depression will have to last, and the longer complete recovery is postponed.