June 22, 2015

If concern for human poverty and suffering were one’s primary motive, one would seek to discover their cause. One would not fail to ask: Why did some nations develop, while others did not? Why have some nations achieved material abundance, while others have remained stagnant in subhuman misery? History and, specifically, the unprecedented prosperity-explosion of the nineteenth century, would give an immediate answer: capitalism is the only system that enables men to produce abundance—and the key to capitalism is individual freedom. | Capitalism: The Unknown Ideal


May 18, 2015

“To really understand something you’ve got to reduce it to its principles.” ~ Milton Friedman

April 29, 2015

“Although I wish the anarchists luck, since that’s the way we ought to be moving now. But I believe we need government to enforce the rules of the game. By prosecuting anti-trust violations, for instance. We need a government to maintain a system of courts that will uphold contracts and rule on compensation for damages. We need a government to ensure the safety of its citizens–to provide police protection. But government is failing at a lot of these things that it ought to be doing because it’s involved in so many things it shouldn’t be doing.” –Milton Friedman

April 25, 2015

“Do you know the hallmark of the second-rater? It’s resentment of another man’s achievement.” – Dr. Robert Stadler

March 21, 2015

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

March 21, 2015

“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

March 20, 2015

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