However little it may often appear to be true, the social world is governed in the long run by certain moral principles on which the people at large believe. The only moral principle which has ever made the growth of an advanced civilisation possible was the principle of individual freedom, which means that the individual is guided in his decisions by rules of just conduct and not by specific commands. No principle of collective conduct which bind the individual can exist in a society of free men. What we have achieved we owe to securing to the individuals the chance of creating for themselves a protected domain (their property) within which they can use their abilities for their own purposes" (LLL, Vol. 3, p 151-2).
-- Friedrich A. Hayek, Law, Legislation, and Liberty Vol. 3 [1979]
HORNBERGER'S BLOG
September 16, 2020 The Siren Song of Social Security and Socialism
This month marks the 50th anniversary of the democratic election of Chilean President Salvador Allende and President Richard Nixon’s order to oust him from power. From that point on, the CIA did everything it could to ensure that Allende did not make it to the next presidential election. The CIA’s efforts ultimately resulted in the 1973 military coup that left Allende ...
The Persecution of Julian Assange
by Jacob G. Hornberger and Richard M. Ebeling
The Julian Assange extradition hearing is now being held in Great Britain. Join FFF president Jacob G. ...
What Do Republicans Stand For?
by Laurence M. Vance
ince this is a presidential election year, and the Republican Party wants Americans’ votes, it is fitting to ask the question: What do Republicans stand for?....
America's Fiscal Follies are Dangerously in the Red
by Richard M. Ebeling
The Congressional Budget Office has recently issued a federal “Budget Outlook Update” for the next ten years in the context of the government’s ...