Sublime

Years later Milton Friedman would recount a story about the first meeting of the Mont Pelerin Society, held in 1947. The group was meant to bring together what Europeans would call liberal intellectuals and what Americans would describe as libertarians. As Friedman recalled, “We were discussing the distribution of income, and whether you should hav

but in general the prominent feature of the administration in the United States is its excessive local independence.

Hayek explained that contrary to popular and elementary treatments of the topic, the economic problem is not merely the problem of allocating resources and products, but more accurately, the problem of allocating them using knowledge that is not given in its totality to any single individual or entity. Economic knowledge of the conditions of produc

Or ce principe cardinal s’applique parfaitement à la compréhension du XXe siècle, dont le cours tragique s’organisa autour de l’affrontement entre les nations et les empires, entre la démocratie et le totalitarisme. La dénonciation des thèses raciales de Gobineau, comme la critique du socialisme, qui sacrifie la liberté à l’égalité, souligne par an

A new science of politics is indispensable to a new world. This, however, is what we think of least; launched in the middle of a rapid stream, we obstinately fix our eyes on the ruins which may still be described upon the shore we have left, whilst the current sweeps us along, and drives us backwards towards the gulf.

In The Ethics of Liberty Rothbard explains libertarian anarcho‐capitalism as the only logically coherent implication of the idea of free will and self‐ownership:

Congress, one observer was to write, had given Carl Vinson “a blank check to operate as a one-man committee” on naval matters; on that committee, only one voice mattered: the chairman’s soft Georgia drawl. Lyndon Johnson’s voice, in other words, would not matter until he became chairman. Vinson’s arrogance was not unique. Most of the great Standing