https://youtu.be/596oTshKdgs As a result of expanding cooperation, human beings, unlike lower animals, compete to produce, not to consume. Mises expressed this with my favorite sentence in Human Action: “The fact that my fellow man wants to acquire shoes as I do, does...

https://youtu.be/e4qYxilAIR8 “First, we should recognize that institutions such as states show a natural aggressiveness. The explanation is very simple. If you have to fund your own aggressive ventures yourself, out of your own pocket, that will somewhat curtail your...

https://youtu.be/IK14Xp0d-qg “First, we should recognize that institutions such as states show a natural aggressiveness. The explanation is very simple. If you have to fund your own aggressive ventures yourself, out of your own pocket, that will somewhat curtail your...

https://youtu.be/qxykDSLaGiQ The characteristic mark of big business is mass production for the satisfaction of the needs of the masses. Under capitalism the workers themselves, directly or indirectly, are the main consumers of all those things that the factories are...

https://youtu.be/DzGvVKnsSZE People who are kind and naive are being scammed on a large scale by other people, who are nefarious and have esoteric knowledge about how to extract resources unjustly from good people. The good people are in such denial about the...

https://youtu.be/_GC2fW5kecM In war, State power is pushed to its ultimate, and, under the slogans of “defense” and “emergency,” it can impose a tyranny upon the public such as might be openly resisted in time of peace. War thus provides many benefits to a State, and...

https://youtu.be/HfmObSghQ_k The Libertarian approach to the welfare problem, then, is to abolish all coercive, public welfare, and to substitute for it private charity based on the principle of encouraging self-help, bolstered also by inculcating the virtues of...