In an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions.

In an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions.

People with an investment in government power will torture logic like a medieval inquisitor rather than face the facts. ... There's a simple way to keep money out of politics: Keep politics out of our money.

Government interference with the economic process represents a substitution of political for consumer objectives.

We must acknowledge, of course, that what looks like failure to us Americans outside the privileged elite may not actually be failure for our overlords.

Some conservatives are surprised to find people on the Left supporting the war in Afghanistan. It's not surprising at all...It is hard for the government to prosecute a war and not expand...Conservatives may think they can support war and oppose the expansion of the state, but that is like trying to square the circle. What makes them think they can contain the expansion?

The alternative to the market process is government control, and we know where that principle leads.