Children are prepared for democracy by being led to discuss current events without first learning the systematic subjects (politics, economics, history) which are necessary in order to discuss them. The Mole effect is to substitute slogans and superficial opinion for considered individual thought. And the opinion is that of the lowest common denominator of the group.

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

There is one good thing about Marx: he was not a Keynesian.

Money is the general medium of exchange. It is the thing for which all other goods are traded, the means of final payment for such goods on the market.

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.

Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.

All government wars are unjust.