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"The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion."
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"I sometimes think that the price of liberty is not so much eternal vigilance as eternal dirt."
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Personal Development
"The greatest abuse that we perpetrate on liberty is our assumed right to it."
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Personal Development
"Many rabble-rousers for libertarianism, liberty and freedom are unwitting pawns of controllers they have never even considered."
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Personal Development
"If a religion wants you to give up your freedom, just give up that religion! Nothing is holier than your freedom!"
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Personal Development
"It seems that the price of having freedom is having to constantly fight to keep it."
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Personal Development
"The approach of liberty makes even an old man brave."
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Personal Development
"But liberty, as we all know, cannot flourish in a country that is permanently on a war footing, or even a near-war footing. Permanent crisis justifies permanent control of everybody and everything by the agencies of the central government."
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Personal Development
"Empire and liberty."
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Personal Development
"Human beings possess the gift of personal freedom and liberty of the mind. We each possess the sovereignty over the body and mind to define ourselves and embrace the values that we wish to exemplify. Personal autonomy enables humans to take independent action and use reason to establish moral values. We are part of nature. Consciousness, human cognition, and awareness of our own mortality allow us to script an independent survival reality and not merely react to environmental forces."
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Personal Development
"The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion."
Author Name
Personal Development
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"We can easily imagine a monetary organization which, by the exclusive use of notes or clearing-house methods, allows all transfers to be made with the instrumentality of sums of money that never change their position in space.If differences due to the geographical position of money are disregarded in this way, we get the following law for the exchange-ratio between money and other economic goods: every economic good, that is ready for consumption (in the sense in which that phrase is usually understood in commerce and technology), has a subjective use-value qua consumption good at the place where it is and qua production good at those places to which it may be brought for consumption."
Economics
"There is not the slightest analogy between playing games and the conduct of business within a market society. The card player wins money by outsmarting his antagonist. The businessman makes money by supplying customers with goods they want to acquire."
Economics
"When a country has substituted credit money or fiat money for metallic money, because the legal equating of the over-issued paper and the metallic money sets in motion the mechanism described by Gresham's Law, it is often asserted that the balance of payments determines the rate of exchange. But this also is a quite inadequate explanation. The rate of exchange is determined by the purchasing power possessed by a unit of each kind of money."
Economics
"Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulatesriches."
Economics
"The oldest and most popular instrument of etatistic monetary policy is the official fixing of maximum prices. High prices, thinks the etatist, are not a consequence of an increase in the quantity of money, but a consequence of reprehensible activity on the part of 'bulls' and 'profiteers'; it will suffice to suppress their machinations in order to ensure the cessation of the rise of prices. Thus it is made a punishable offence to demand, or even to pay, 'excessive' prices."
Economics
"It is the beginning of the 'demonetization' of the notes. The process is hastened by its panic-like character. It may be possible once, twice, perhaps even three or four times, to allay the fears of the public; but eventually the affair must run its course and then there is no longer any going back. Once the depreciation is proceeding so rapidly that sellers have to reckon with considerable losses even if they buy again as quickly as is possible, then the position of the currency is hopeless."
Economics
"When the price of coal falls because production has increased while demand has remained unaltered, then, for example, those retailers are involved who have taken supplies from the wholesale dealers at the old higher price but are now able to dispose of them only at the new and lower price. But this alone will not account for all the social changes brought about by the increase of production of coal. The increase in the supply of coal will have improved the economic position of the community."
Economics
"If the State uses this power systematically in order to force the community to accept a particular sort of money whose employment it desires for reasons of monetary policy, then it is actually carrying through a measure of monetary policy. The States which completed the transition to a gold standard a generation ago, did so from motives of monetary policy. They gave up the silver standard or the credit-money standard because they recognized that the behaviour of the value of silver or of credit money was unsuited to the economic policy they were following."
Economics
"A metallic money, the augmentation or diminution of the quantity of metal available for which is independent of deliberate human intervention, is becoming the modern monetary ideal. The significance of adherence to a metallic-money system lies in the freedom of the value of money from State influence that such a system guarantees."
Economics
"War prosperity is like the prosperity that an earthquake or a plague brings."
War
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