The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd.

Briefly, the State is that organization in society which attempts to maintain a monopoly of the use of force and violence in a given territorial area; in particular, it is the only organization in society that obtains its revenue not by voluntary contribution or payment for services rendered but by coercion.

If we look at the black record of mass murder, exploitation, and tyranny levied on society by governments over the ages, we need not be loath to abandon the Leviathan State and . . . try freedom.

The more the government intervenes to delay the market's adjustment, the longer and more grueling the depression will be, and the more difficult will be the road to complete recovery.

Government is a gang of thieves writ large.

All of the services commonly thought to require the State-from the coining of money to police protection to the development of law in defense of the rights of person and property-can be and have been supplied far more efficiently and certainly more morally by private persons. The State is in no sense required by the nature of man; quite the contrary.

The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd.