“Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.” PartyLibertyEconomicTaxesGainsAssumingDebtSpendingLibertarianTendenciesFixedExpensesLibertarianismPieFree MarketProperty RightsFallacyWealth Of Nations Book:Free to Choose: A Personal Statement Source: Free to Choose: A Personal Statement
“No left wing parties have any respect for liberal economic values; and most centre and right wing parties merely promote a paternalistic stateism. Does it thus fall to the self-reliant students of the ruggedly individualist philosophy of magick to champion a certain measured libertarianism?” DoeSelfPhilosophyCertainValuesFallLeftPartyEconomicStudentsWingsChampionLibertarianismCentreRight WingLeft WingSelf ReliantEconomic Value Author:Peter J. Carroll
“Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is, in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention.” KnowsEndsHandsIndividualInterestLibertyCasesKnow HowEconomicGainsEconomicsLaborIntentionLibertarianInvisibleLibertarianismRevenueFree MarketPromotingAnnualsIndividual LibertyPublic InterestGreat LibertarianInvisible HandWealth Of Nations Author:Adam Smith
“Libertarianism is a theory of politics that is so compelling that once you have absorbed it, it becomes the lens through which you end up understanding all economic and political events.” EndsPoliticalUnderstandingEconomicEventsTheoryLibertarianismCompellingLenses Book:Fascism versus Capitalism Source: Fascism versus Capitalism
“Libertarianism is neither of the left nor of the right. It is unique. It is sui generis. It is apart from left and right. The left right political spectrum simply has no room for libertarianism. Think of an equilateral triangle, with libertarianism at one corner, the left at a second corner and the right at the third corner. We are equally distant from both of those misbegotten political economic philosophies. No, better yet, think in terms of an isosceles triangle, with us at the top and the two of them at the bottom, indicating they have more in common with each other than with us.” ThinkingTwoPhilosophyPoliticalLeftTermRoomsCommonEconomicUniqueThirdsBottomCornersLibertarianismSpectrumTrianglesLeft And RightPolitical Spectrum Author:Walter Block