Science was born as a result and consequence of philosophy; it cannot survive without a philosophical (particularly epistemological) base. If philosophy perishes, science will be next to go. | For the New Intellectual
“The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.” –Milton Friedman
Be it a highwayman who confronts a traveler with the ultimatum: “Your money or your life,” or a politician who confronts a country with the ultimatum: “Your children’s education or your life,” the meaning of that ultimatum is: “Your mind or your life”—and neither is possible to man without the other. | Atlas Shrugged
“Free competition enforced by law” is a grotesque contradiction in terms. | The Objectivist Newsletter
Do not make the mistake of the ignorant who think that an individualist is a man who says: “I’ll do as I please at everybody else’s expense.” An individualist is a man who recognizes the inalienable individual rights of man—his own and those of others.
An individualist is a man who says: “I will not run anyone’s life—nor let anyone run mine. I will not rule nor be ruled. I will not be a master nor a slave. I will not sacrifice myself to anyone—nor sacrifice anyone to myself.” | The Ayn Rand Column
The basic premise of the Founding Fathers was man’s right to his own life, to his own liberty, to the pursuit of his own happiness—which means: man’s right to exist for his own sake, neither sacrificing himself to others nor sacrificing others to himself; and that the political implementation of this right is a society where men deal with one another as traders, by voluntary exchange to mutual benefit. | For the New Intellectual
Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman’s tool is values; the bureaucrat’s tool is fear. | Capitalism: The Unknown Ideal