The demand for money is regulated entirely by its value, and its value by its quantity.
They [socialists] unceasingly attempt to mutilate, to curtail, to obstruct personal freedom in any and all ways. They hold that the State must not only act as the director of society, but must further be master of each man, and not only master, but keeper and trainer. For fear of
Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.
American life is a powerful solvent. As it stamps the immigrant, almost before he can speak English, with an unmistakable muscular tension, cheery self-confidence and habitual challenge in the voice and eyes, so it seems to neutralize every intellectual element, however tough and alien it may be, and to fuse
There are revulsions in nature, and we cannot expect that there should be none in trade. The political circumstances of nations, the instability of seasons, war, pestilence, and famine, are all causes which may jar the great machine of commerce, and throw some of its parts into extreme disorder. But
By far the most numerous and most flagrant violations of personal liberty and individual rights are performed by governments. The major crimes throughout history, the ones executed on the largest scale, have been committed not by individuals or bands of individuals but by governments, as a deliberate policy of those
A man cannot govern a nation if he cannot govern a city; he cannot govern a city if he cannot govern a family; he cannot govern a family unless he can govern himself; and he cannot govern himself unless his passions are subject to reason.
It is . . . as erroneous to believe that the loans of government are not hurtful to national industry, as it is to suppose that the funds which they produce, are not taken from any individual involuntarily. In truth these are not the real reasons which cause so much
Mr. Chairman — A worthy member has asked, who are the militia, if they be not the people, of this country, and if we are not to be protected from the fate of the Germans, Prussians, &c. by our representation? I ask who are the militia? They consist now of
People speak of ‘the public interest.’ But what is the public interest? Strictly speaking, there is no such thing. There is only the interest of each individual human being. There are interests that many or all people share, but these are still the interests of individuals. When politicians say that
Liberality consists less in giving profusely, than in giving judiciously.
Political correctness is the enemy of freedom because it rejects honesty and authenticity. We have to tackle it as the distortion of the truth. Mario Vargas Llosa, Interview, El País, 27/02/2018.