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By Stefan Kolev

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"It is important to realize in any investigation of the possibilities of planning that it is a fallacy to suppose capitalism as it exists today is the alternative. We are certainly as far from capitalism in its pure form as we are from any system of central planning. The world of today is just interventionist chaos."

— Friedrich A. Hayek

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fatal-conceit:

What if xenophobes treated trade for other goods like they do trade for labour?
Source

fatal-conceit:

What if xenophobes treated trade for other goods like they do trade for labour?

Source

Tags: immigration
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"

Who said it?

1) “We’re going to take things away from you on behalf of the common good.”

A. Karl Marx
B. Adolph Hitler
C. Joseph Stalin
D. Barack Obama
E. None of the above

2) “It’s time for a new beginning, for an end to government of the few, by
the few, and for the few……and to replace it with shared responsibility,
for shared prosperity.”

A. Lenin
B. Mussolini
C. Idi Amin
D. Barack Obama
E. None of the above

3) “(We)…..can’t just let business as usual go on, and that means
something has to be taken away from some people.”

A. Nikita Khrushev
B. Josef Goebbels
C. Boris Yeltsin
D. Barack Obama
E. None of the above

4) “We have to build a political consensus and that requires people to give
up a little bit of their own … in order to create this common ground.”

A. Mao Tse Dung
B. Hugo Chavez
C. Kim Jong Il
D. Barack Obama
E. None of the above

5) “I certainly think the free-market has failed.”

A. Karl Marx
B. Lenin
C. Molotov
D. Barack Obama
E. None of the above

6) “I think it’s time to send a clear message to what has become the most
profitable sector in (the) entire economy that they are being watched.”

A. Pinochet
B. Milosevic
C. Saddam Hussein
D. Barack Obama
E. None of the above

Scroll down for the answers

Answers
(1) E. None of the above. Statement was made by Hillary Clinton – 6/29/2004
(2) E. None of the above. Statement was made by Hillary Clinton – 5/29/2007
(3) E. None of the above. Statement was made by Hillary Clinton – 6/4/2007
(4) E. None of the above. Statement was made by Hillary Clinton – 6/4/2007
(5) E. None of the above. Statement was made by Hillary Clinton – 6/4/2007
(6) E. None of the above. Statement was made by Hillary Clinton – 9/2/2005

=====================================

Actually, this isn’t humor. It’s horror. The last thing America needs is another statist president. Bush and Obama already have done enough damage.

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Daniel J. Mitchell

(Source: timlebsack, via priceofliberty)

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"By ‘capitalism’ most people mean neither the free market simpliciter nor the prevailing neomercantilist system simpliciter. Rather, what most people mean by ‘capitalism’ is this free-market system that currently prevails in the western world. In short, the term ‘capitalism’ as generally used conceals an assumption that the prevailing system is a free market. And since the prevailing system is in fact one of government favouritism toward business, the ordinary use of the term carries with it the assumption that the free market is government favouritism toward business."

— Roderick T. Long

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poorrichardsnews:

This is huge, people. According to a report by Human Rights Watch, the federal government has participated in what amounts to entrapment in several (perhaps most) terrorism cases since 9/11, in some cases creating terrorists “out of law-abiding individuals.”

From the Guardian:

Nearly…

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"Guess what may well be prohibited."

By Quino

"Guess what may well be prohibited."

By Quino

Tags: libertarian
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(Source: 4chanpol, via hayekspectations)

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"It is doubtless because the opportunity to build one’s own life also means an unceasing task, a discipline that man must impose upon himself if he is to achieve his aims, that many people are afraid of liberty."

Friedrich A. Hayek

The Constitution of Liberty

(Source: timlebsack, via admiralchimpspoliticalthoughts)

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Classical liberalism

A political philosophy which allows the government, based on the rule of law, only a subsidiary role.

Photoset
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2016 Elections

Scenario n°1: Rand Paul wins republican primaries -> but Neo-cons boycott him -> Hillary wins

Scenario n°2: Average R wins republican primaries -> but Republitarians boycott him -> Hillary wins

At least, in scenario n°2, The Libertarian Party could make a descent score.

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"I think the Left is dying and that it isn’t Left versus Right anymore; it is Libertarianism versus Authoritarianism. I think a lot of anti-war leftists have a problem with that, but there’s not much they can do about it."

Justin RaimondoAgainst the War Machine

(via priceofliberty)

Tags: libertarian
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peterfromtexas:

Queuing for the bus in North Korea

Tags: socialism
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"A spontaneous order is a system which has developed not through the central direction or patronage of one or a few individuals but through the unintended consequences of the decisions of myriad individuals each pursuing their own interests through voluntary exchange, cooperation, and trial and error.
This process of spontaneous evolution is not restricted to explaining the growth of the economic order but can also account for the development of language, money, culture, law, social conventions and even morals and ethics. Although the spontaneous order develops through individuals pursuing their own interest, the individuals still behave by following commonly held rules rather than by acting in a random fashion, and these rules are themselves the product of evolution."

— Friedrich A. Hayek