1334: John Stossel – The Free Market is Magical

I viewed the marketplace as a cruel place, where you need intervention by government to protect people. But after watching the regulators work, I have come to believe that markets are magical, and the best protectors of the consumer. It is my job to explain the beauties of the free market. —John StosselDownload Print Quality (3840×2010) 8.55MB  |  Normal Quality (1920×1005) 313KB
I viewed the marketplace as a cruel place, where you need intervention by government to protect people. But after watching the regulators work, I have come to believe that markets are magical, and the best protectors of the consumer. It is my job to explain the beauties of the free market. —John StosselDownload Print Quality (3840×2744) 10.90MB  |  Normal Quality (1920×1372) 392KB

I viewed the marketplace as a cruel place, where you need intervention by government to protect people. But after watching the regulators work, I have come to believe that markets are magical, and the best protectors of the consumer. It is my job to explain the beauties of the free market. —John Stossel

1323: Gloria Alvarez – The Achilles Heel of the Left

The Achilles heel of the left is in discourse. Because their ideas fail. They have no way of proving to you that socialism works. So what we need to do is fight on that advantage. It’s the battle of ideas — it’s the field that we’re good in. But if we keep on fighting with each other on who is more “pure”, then our countries for sure are going to be lost. —Gloria AlvarezDownload Print Quality (6144×7680) 292KB  |  Normal Quality (3072×3840) 152KB

1292: Frederic Bastiat – The Socialists

We disapprove of state education. Then the socialists say that we are opposed to any education. We object to a state religion. Then the socialists say that we want no religion at all. We object to a state-enforced equality. Then they say that we are against equality. And so on, and so on. It is as if the socialists were to accuse us of not wanting persons to eat because we do not want the state to raise grain. —Frederic BastiatDownload Print Quality (5540×7680) 910KB  |  Normal Quality (2770×3840) 758KB

1278: Murray Rothbard – The Power to Counterfeit Money

The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray RothbardDownload Print Quality (3840×2010) 2.72MB  |  Normal Quality (1920×1005) 245KB
The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray RothbardDownload Print Quality (3840×2744) 3.75MB  |  Normal Quality (1920×1372) 295KB

The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray Rothbard

1272: David Boaz – Libertarianism and Socialism

The difference between libertarianism and socialism is that libertarians will tolerate the existence of a socialist community, but socialists can’t tolerate a libertarian community. —David BoazDownload Print Quality (3840×2010) 9.06MB  |  Normal Quality (1920×1005) 365KB
The difference between libertarianism and socialism is that libertarians will tolerate the existence of a socialist community, but socialists can’t tolerate a libertarian community. —David BoazDownload Print Quality (3840×2744) 12.44MB  |  Normal Quality (1920×1372) 505KB

The difference between libertarianism and socialism is that libertarians will tolerate the existence of a socialist community, but socialists can’t tolerate a libertarian community. —David Boaz

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 AdamsDownload Print Quality (3840×2010) 3.50MB  |  Normal Quality (1920×1005) 316KB
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 AdamsDownload Print Quality (3840×2744) 4.50MB  |  Normal Quality (1920×1372) 424KB

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

1253: Murray Rothbard – Government Intervention Brings Depression

The business cycle is brought about, not by any mysterious failings of the free market economy, but quite the opposite: By systematic intervention by government in the market process. Government intervention brings about bank expansion and inflation, and, when the inflation comes to an end, the subsequent depression-adjustment comes into play. —Murray RothbardDownload Print Quality (3840×2010) 3.03MB  |  Normal Quality (1920×1005) 211KB
The business cycle is brought about, not by any mysterious failings of the free market economy, but quite the opposite: By systematic intervention by government in the market process. Government intervention brings about bank expansion and inflation, and, when the inflation comes to an end, the subsequent depression-adjustment comes into play. —Murray RothbardDownload Print Quality (2560×3840) 4.44MB  |  Normal Quality (1280×1920) 276KB

The business cycle is brought about, not by any mysterious failings of the free market economy, but quite the opposite: By systematic intervention by government in the market process. Government intervention brings about bank expansion and inflation, and, when the inflation comes to an end, the subsequent depression-adjustment comes into play. —Murray Rothbard

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 RothbardDownload Print Quality (7680×4020) 332KB  |  Normal Quality (3840×2010) 278KB
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 RothbardDownload Print Quality (3460×3840) 426KB  |  Normal Quality (1730×1920) 213KB

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

1211: Ludwig von Mises – Economics Deals with Fundamental Problems

Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen. —Ludwig von MisesDownload Print Quality (3840×2010) 2.47MB  |  Normal Quality (1920×1005) 213KB
Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen. —Ludwig von MisesDownload Print Quality (3840×2744) 3.43MB  |  Normal Quality (1920×1372) 284KB

Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen. —Ludwig von Mises

1210: Milton Friedman – Nothing Holds a Candle to the Free Enterprise System

The record of history is absolutely crystal clear. There is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. —Milton FriedmanDownload Print Quality (3840×2010) 4.95MB  |  Normal Quality (1920×1005) 276KB
The record of history is absolutely crystal clear. There is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. —Milton FriedmanDownload Print Quality (3840×2744) 6.36MB  |  Normal Quality (1920×1372) 332KB

The record of history is absolutely crystal clear. There is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. —Milton Friedman