In U.S. history, war has served as an important diversionary tactic, causing the people at large to shift their attention away from the state's own criminality and toward real or fictitious devils abroad. Wars have therefore proved to be extremely useful in propping up the political class and preserving it from the public resistance and rebellion that might otherwise have arisen.
Robert HiggsTransfer payments discourage the recipients from earning income in the present and from investing in their potential to earn income in the future. People respond to a reduced cost of idleness by choosing to be idle more often.
Robert HiggsMany anti-energy groups display little appreciation of the extent to which modern economies depend pervasively on the use of fossil fuels and petrochemical products.
Robert HiggsNothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitionersโ obsession with mathematical, general-equilibrium models.
Robert HiggsIn debates between anarchists and statists, the burden of proof clearly should rest on those who place their trust in the state. Anarchy's mayhem is wholly conjectural; the state's mayhem is undeniably, factually horrendous.
Robert HiggsFor members of the political class, the crucial question is always: how can we push out the frontier, how can we augment the government's dominion and plunder, with net gain to ourselves the exploiters who live not by honest production and voluntary exchange, but by fleecing those who do so?
Robert Higgs