The State Thrives On War

If Government Manages To Establish Paper Tickets Or Bank Credit As Money, As Equivalent To Gold Grams Or Ounces, Then The Government, As Dominant Money-supplier, Becomes Free To Create Money Costlessly And At Will. As A Result, This 'inflation' Of The Money Supply Destroys The Value Of The Dollar Or Pound, Drives Up Prices, Cripples Economic Calculation, And Hobbles And Seriously Damages The Workings Of The Market Economy.

The Modern Welfare State, Highly Touted As Soaking The Rich To Subsidize The Poor, Does No Such Thing. In Fact, Soaking The Rich Would Have Disastrous Effects, Not Just For The Rich But For The Poor And Middle Classes Themselves. For It Is The Rich Who Provide A Proportionately Greater Amount Of Saving, Investment Capital, Entrepreneurial Foresight, And Financing Of Technological Innovation That Has Brought The Unites States To By Far The Highest Standard Of Living - For The Mass Of The People - Of Any Country In History.

Monetary Expansion Is A Massive Scheme Of Hidden Redistribution.

What...can The Government Do To Help The Poor? The Only Answer Is The Libertarian Answer: Get Out Of The Way.

Human Life Is Not Some Sort Of Race Or Game In Which Each Person Should Start From An Identical Mark. It Is An Attempt By Each Man To Be As Happy As Possible. And Each Person Could Not Begin From The Same Point, For The World Has Not Just Come Into Being; It Is Diverse And Infinitely Varied In Its Parts. The Mere Fact That One Individual Is Necessarily Born In A Different Place From Someone Else Immediately Insures That His Inherited Opportunity Cannot Be The Same As His Neighbor's.