1306: Karl Hess – The Hypocrisy of the Left and Right

Libertarianism is rejected by the modern Left, which preaches individualism but practices collectivism. Capitalism is rejected by the modern Right, which preaches enterprise but practices protectionism. —Karl Hess (The Death of Politics)
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Libertarianism is rejected by the modern Left, which preaches individualism but practices collectivism. Capitalism is rejected by the modern Right, which preaches enterprise but practices protectionism. —Karl Hess (The Death of Politics)
Normal Quality (3840×3840 109 KB)
Libertarianism is rejected by the modern Left, which preaches individualism but practices collectivism. Capitalism is rejected by the modern Right, which preaches enterprise but practices protectionism. —Karl Hess (The Death of Politics)
Libertarianism is rejected by the modern Left, which preaches individualism but practices collectivism. Capitalism is rejected by the modern Right, which preaches enterprise but practices protectionism. —Karl Hess (The Death of Politics)

Libertarianism is rejected by the modern Left, which preaches individualism but practices collectivism. Capitalism is rejected by the modern Right, which preaches enterprise but practices protectionism. —Karl Hess (The Death of Politics)

1304: Henry Hazlitt – The Neglect of Thinking

Every man knows there are evils in the world which need setting right… to most men one in particular stands out vividly… it stands out with such startling vividness that they lose sight of other evils. To the Socialist this evil is the capitalistic system; to the feminist, it is the subjection of women; to the clergyman, it is the decline of religion; to the staunch Republican it is the Democratic Party, and so on, ad infinitum. I, too, have a pet little evil, to which I am apt to attribute all the others. This evil is the neglect of thinking. And when I say thinking I mean real thinking, independent thinking, hard thinking. —Henry Hazlitt
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Every man knows there are evils in the world which need setting right… to most men one in particular stands out vividly… it stands out with such startling vividness that they lose sight of other evils. To the Socialist this evil is the capitalistic system; to the feminist, it is the subjection of women; to the clergyman, it is the decline of religion; to the staunch Republican it is the Democratic Party, and so on, ad infinitum. I, too, have a pet little evil, to which I am apt to attribute all the others. This evil is the neglect of thinking. And when I say thinking I mean real thinking, independent thinking, hard thinking. —Henry Hazlitt

1301: Tom Woods – Greatest Gains Against Poverty

The greatest gains against poverty in the United States occurred when government was least involved. —Tom Woods
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The greatest gains against poverty in the United States occurred when government was least involved. —Tom Woods
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The greatest gains against poverty in the United States occurred when government was least involved. —Tom Woods
The greatest gains against poverty in the United States occurred when government was least involved. —Tom Woods

The greatest gains against poverty in the United States occurred when government was least involved. —Tom Woods

1295: Ayn Rand – Businessmen vs. Bureaucrats

A businessman’s success depends on his intelligence, his knowledge, his productive ability, his economic judgment—and on the voluntary agreement of all those he deals with: his customers, his suppliers, his employees, his creditors or investors. A bureaucrat’s success depends on his political pull. A businessman cannot force you to buy his product; if he makes a mistake, he suffers the consequences; if he fails, he takes the loss. A bureaucrat forces you to obey his decisions, whether you agree with him or not—and the more advanced the stage of a country’s statism, the wider and more discretionary the powers wielded by a bureaucrat. If he makes a mistake, you suffer the consequences; if he fails, he passes the loss on to you, in the form of heavier taxes. —Ayn Rand
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A businessman’s success depends on his intelligence, his knowledge, his productive ability, his economic judgment—and on the voluntary agreement of all those he deals with: his customers, his suppliers, his employees, his creditors or investors. A bureaucrat’s success depends on his political pull. A businessman cannot force you to buy his product; if he makes a mistake, he suffers the consequences; if he fails, he takes the loss. A bureaucrat forces you to obey his decisions, whether you agree with him or not—and the more advanced the stage of a country’s statism, the wider and more discretionary the powers wielded by a bureaucrat. If he makes a mistake, you suffer the consequences; if he fails, he passes the loss on to you, in the form of heavier taxes. —Ayn Rand
Normal Quality (3072×3840 755 KB)

A businessman’s success depends on his intelligence, his knowledge, his productive ability, his economic judgment—and on the voluntary agreement of all those he deals with: his customers, his suppliers, his employees, his creditors or investors. A bureaucrat’s success depends on his political pull. A businessman cannot force you to buy his product; if he makes a mistake, he suffers the consequences; if he fails, he takes the loss. A bureaucrat forces you to obey his decisions, whether you agree with him or not—and the more advanced the stage of a country’s statism, the wider and more discretionary the powers wielded by a bureaucrat. If he makes a mistake, you suffer the consequences; if he fails, he passes the loss on to you, in the form of heavier taxes.

A businessman cannot force you to work for him or to accept the wages he offers; you are free to seek employment elsewhere and to accept a better offer, if you can find it. (Remember, in this context, that jobs do not exist “in nature,” that they do not grow on trees, that someone has to create the job you need, and that that someone, the businessman, will go out of business if he pays you more than the market permits him to pay you.) A bureaucrat can force you to work for him, when he achieves the totalitarian power he seeks; he can force you to accept any payment he offers—or none, as witness the forced labor camps in the countries of full statism.

The businessman’s tool is values; the bureaucrat’s tool is fear.

—Ayn Rand

1293: Ludwig von Mises – What Capitalism Gave the World

Capitalism gave the world what it needed, a higher standard
of living for a steadily increasing number of people. —Ludwig von Mises
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Capitalism gave the world what it needed, a higher standard
of living for a steadily increasing number of people. —Ludwig von Mises
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people. —Ludwig von Mises
Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people. —Ludwig von Mises

Capitalism gave the world what it needed, a higher standard
of living for a steadily increasing number of people. —Ludwig von Mises

1271: John Adams – Ignorance of the Nature of Coin and Credit

All the perplexities, confusions, and distress in America arise, not from defects in their Constitution or Confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation. —John Adams
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All the perplexities, confusions, and distress in America arise, not from defects in their Constitution or Confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation. —John Adams
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All the perplexities, confusions, and distress in America arise, not from defects in their Constitution or Confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation. —John Adams
All the perplexities, confusions, and distress in America arise, not from defects in their Constitution or Confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation. —John Adams

All the perplexities, confusions, and distress in America arise, not from defects in their Constitution or Confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation. —John Adams

1267: Walter Williams – The Poor are Getting Richer

As early as 2010, 43% of all poor households owned their own homes. The average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage and a porch or patio. Eighty percent of poor households have air conditioning. The typical poor American has more living space than the average non-poor individual living in Paris, London, Vienna, Athens and other cities throughout Europe. Ninety-seven percent of poor households have one or more color televisions — half of which are connected to cable, satellite or a streaming service. Some 82% of poor families have one or more smartphones. Eighty-nine percent own microwave ovens and more than a third have an automatic dishwasher. Most poor families have a car or truck and 43% own two or more vehicles. —Walter Williams
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As early as 2010, 43% of all poor households owned their own homes. The average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage and a porch or patio. Eighty percent of poor households have air conditioning. The typical poor American has more living space than the average non-poor individual living in Paris, London, Vienna, Athens and other cities throughout Europe. Ninety-seven percent of poor households have one or more color televisions — half of which are connected to cable, satellite or a streaming service. Some 82% of poor families have one or more smartphones. Eighty-nine percent own microwave ovens and more than a third have an automatic dishwasher. Most poor families have a car or truck and 43% own two or more vehicles. —Walter Williams
Normal Quality (3072×3840 976 KB)
As early as 2010, 43% of all poor households owned their own homes. The average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage and a porch or patio. Eighty percent of poor households have air conditioning. The typical poor American has more living space than the average non-poor individual living in Paris, London, Vienna, Athens and other cities throughout Europe. Ninety-seven percent of poor households have one or more color televisions — half of which are connected to cable, satellite or a streaming service. Some 82% of poor families have one or more smartphones. Eighty-nine percent own microwave ovens and more than a third have an automatic dishwasher. Most poor families have a car or truck and 43% own two or more vehicles. —Walter Williams
As early as 2010, 43% of all poor households owned their own homes. The average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage and a porch or patio. Eighty percent of poor households have air conditioning. The typical poor American has more living space than the average non-poor individual living in Paris, London, Vienna, Athens and other cities throughout Europe. Ninety-seven percent of poor households have one or more color televisions — half of which are connected to cable, satellite or a streaming service. Some 82% of poor families have one or more smartphones. Eighty-nine percent own microwave ovens and more than a third have an automatic dishwasher. Most poor families have a car or truck and 43% own two or more vehicles. —Walter Williams

As early as 2010, 43% of all poor households owned their own homes. The average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage and a porch or patio. Eighty percent of poor households have air conditioning. The typical poor American has more living space than the average non-poor individual living in Paris, London, Vienna, Athens and other cities throughout Europe. Ninety-seven percent of poor households have one or more color televisions — half of which are connected to cable, satellite or a streaming service. Some 82% of poor families have one or more smartphones. Eighty-nine percent own microwave ovens and more than a third have an automatic dishwasher. Most poor families have a car or truck and 43% own two or more vehicles. —Walter Williams

1264: Patrick Bet-David – Capitalism Reveals Everything

Capitalism reveals everything.
It reveals who works.
It reveals who improves.
It reveals who takes care of their best employees and who doesn’t.
It reveals who’s creative.
It reveals who thinks the biggest.
It reveals who doesn’t want to pull their own little red wagon instead they want you to pull it.
—Patrick Bet-David
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Capitalism reveals everything.
It reveals who works.
It reveals who improves.
It reveals who takes care of their best employees and who doesn’t.
It reveals who’s creative.
It reveals who thinks the biggest.
It reveals who doesn’t want to pull their own little red wagon instead they want you to pull it.
—Patrick Bet-David
Normal Quality (1920×1372 283 KB)
Capitalism reveals everything. It reveals who works. It reveals who improves. It reveals who takes care of their best employees and who doesn’t. It reveals who’s creative. It reveals who thinks the biggest. It reveals who doesn’t want to pull their own little red wagon instead they want you to pull it. —Patrick Bet-David
Capitalism reveals everything. It reveals who works. It reveals who improves. It reveals who takes care of their best employees and who doesn’t. It reveals who’s creative. It reveals who thinks the biggest. It reveals who doesn’t want to pull their own little red wagon instead they want you to pull it. —Patrick Bet-David

Capitalism reveals everything.
It reveals who works.
It reveals who improves.
It reveals who takes care of their best employees and who doesn’t.
It reveals who’s creative.
It reveals who thinks the biggest.
It reveals who doesn’t want to pull their own little red wagon instead they want you to pull it.
—Patrick Bet-David

1245: Murray Rothbard – The State is Inherently Anti-Capitalist

Since the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private individuals and private enterprise, we must assert that the State is profoundly and inherently anti-capitalist. —Murray Rothbard
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Since the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private individuals and private enterprise, we must assert that the State is profoundly and inherently anti-capitalist. —Murray Rothbard
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Since the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private individuals and private enterprise, we must assert that the State is profoundly and inherently anti-capitalist. —Murray Rothbard

1225: Rob Schneider – The Anti-Capitalistic Mentality

As America dips its toe even further into an age of intolerance and the suppression of individual liberties and freedom of expression, it serves one well to read The Anti-Capitalistic Mentality by Ludwig Von Mises. —Rob Schneider
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As America dips its toe even further into an age of intolerance and the suppression of individual liberties and freedom of expression, it serves one well to read The Anti-Capitalistic Mentality by Ludwig Von Mises. —Rob Schneider
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As America dips its toe even further into an age of intolerance and the suppression of individual liberties and freedom of expression, it serves one well to read The Anti-Capitalistic Mentality by Ludwig Von Mises. —Rob Schneider
As America dips its toe even further into an age of intolerance and the suppression of individual liberties and freedom of expression, it serves one well to read The Anti-Capitalistic Mentality by Ludwig Von Mises. —Rob Schneider

As America dips its toe even further into an age of intolerance and the suppression of individual liberties and freedom of expression, it serves one well to read The Anti-Capitalistic Mentality by Ludwig Von Mises. —Rob Schneider