Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that the price goes up and up, look for the regulation that is causing it. This applies regardless of the sector, whether transportation, gas, education, food, beer, or daycare. There is something in the way that is preventing the market from working as it should. If you look carefully enough, you will find the hand of the state making the mess in question.
There is no difference between the principles, policies and practical results of socialism-and those of any historical or prehistorical tyranny. Socialism is merely democratic absolute monarchy-that is, a system of absolutism without a fixed head, open to seizure of power by all corners, by any ruthless climber, opportunist, adventurer, demagogue or thug.
Small tyrants, threatened by big,
they love liberty.
Every man – in the development of his own personality – has the right to form his own beliefs and opinions. Hence, suppression of belief, opinion and expression is an affront to the dignity of man, a negation of man’s essential nature.”
[Toward a General Theory of the First Amendment (1963)]
And yet even among the friends of liberty, many people are deceived into believing that government can make them safe from all harm, provide fairly distributed economic security, and improve individual moral behavior. If the government is granted a monopoly on the use of force to achieve these goals, history shows that power is always abused. Every single time.
Faith and freedom is great, but it gets nowhere without faith in freedom.
Foolish man, what do you bemoan, and what do you fear? Wherever you look there is an end of evils. You see that yawning precipice? It leads to liberty. You see that flood, that river, that well? Liberty houses within them. You see that stunted, parched, and sorry tree? From each branch liberty hangs. Your neck, your throat, your heart are all so many ways of escape from slavery … Do you enquire the road to freedom? You shall find it in every vein of your body.
Big Brother in the form of an increasingly powerful government and in an increasingly powerful private sector will pile the records high with reasons why privacy should give way to national security, to law and order … and the like.
…the freedom to bear arms may be righteously rejected to encourage the preservation of all corporeal forms of life.
Nowadays, a simple faulty brake light traffic stop, can get a black person killed. It’s better to fix the broken light bulb, then having to face and cooperate with a senseless police officer.