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Quotations about Liberty and Power Economics

Anthony de Jasay on the free rider problem (2008) Anthony de Jasay 2014-09-29
Destutt de Tracy on society as “nothing but a succession of exchanges” (1817) Antoine Louis Claude, Comte Destutt de Tracy 2014-08-11
Arthur Seldon on the problem of “who guards us from the guardians”? (1990) Arthur Seldon 2014-06-23
Destutt de Tracy on the mutually beneficial nature of exchange (1817) Antoine Louis Claude, Comte Destutt de Tracy 2014-06-09
Philip Wicksteed on how impersonal economic relations help others (1910) Philip H. Wicksteed 2014-04-07
Philip Wicksteed’s positive vision of the “cash nexus” (1910) Philip H. Wicksteed 2013-10-21
Spooner on the “natural right to labor” and to acquire all one honestly can (1846) Lysander Spooner 2013-08-19
Adam Smith debunks that idea that when it comes to public debt “we owe it to ourselves” (1776) Adam Smith 2013-04-08
Lao Tzu and the Tao of laissez-faire (6thC BC) Lao Tzu 2013-04-01
Paul Heyne on THE economic way of thinking (1995) Paul Heyne 2013-03-25
Destutt de Tracy on the damage which government debt and the class which lives off loans to the state cause the industrious classes (1817) Antoine Louis Claude, Comte Destutt de Tracy 2013-01-20
James Buchanan on “process” and the market order (1982) James M. Buchanan 2013-01-10
Ludwig Lachmann and the free market as a leveling process in the distribution of wealth (1956) Ludwig M. Lachmann 2013-01-07
Horace Say on “I, Pin” and the international division of labor (1852) Horace Émile Say 2012-10-15
Bentham on the liberty of contracts and lending money at interest (1787) Jeremy Bentham 2012-09-17
Bastiat on trade as a the mutual exchange of “a service for another service” (1848) Frédéric Bastiat 2012-07-23
Alexander Pope on how private “self love” can lead to the public good (1732) Alexander Pope 2012-04-23
Spencer on spontaneous order produced by “the beneficent working of social forces” (1879) Herbert Spencer 2011-07-18
Bastiat on the state vs. laissez-faire (1848) Frédéric Bastiat 2011-06-20
Adam Smith on the greater productivity brought about by the division of labor and technological innovation (1760s) Adam Smith 2011-06-06
Mises on the interconnection between economic and political freedom (1949) Ludwig von Mises 2011-02-07
Bastiat asks the fundamental question of political economy: what should be the size of the state? (1850) Frédéric Bastiat 2010-10-11
Bentham on the proper role of government: “Be Quiet” and “Stand out of my sunshine” (1843) Jeremy Bentham 2010-10-04
Wicksteed on the subjective theory of value and on opportunity costs (1910) Philip H. Wicksteed 2010-08-02
Kirzner defines economics as the reconciliation of conflicting ends given the existence of inescapable scarcity (1960) Israel M. Kirzner 2010-06-29
Frank Taussig argues for the reverse of a common misconception about the relationship between high wages and the use of machinery (1915) Frank William Taussig 2009-10-19
Jean-Baptiste Say argues that there is a world of difference between private consumption and public consumption; an increase in the latter does nothing to increase public wealth (1803) Jean Baptiste Say 2008-06-16
Ludwig von Mises argues that the division of labor and human cooperation are the two sides of the same coin and are not antagonistic to each other (1949) Ludwig von Mises 2007-04-16
Lord Macaulay writes a devastating review of Southey’s Colloquies in which the Poet Laureate’s ignorance of the real condition of the working class in England is exposed (1830) Thomas Babington, Lord Macaulay 2007-03-13
Adam Ferguson observed that social structures of all kinds were “the result of human action, but not the execution of any human design” (1782) Adam Ferguson 2006-08-14
Forrest McDonald argues that the Founding Fathers envisaged a new economic order based upon Lockean notions of private property and the creation of the largest contiguous area of free trade in the world (2006) Forrest McDonald 2006-04-24
Montesquieu thought that commerce improves manners and cures “the most destructive prejudices” (1748) Charles Louis de Secondat, Baron de Montesquieu 2006-01-27
Bernard Mandeville concludes his fable of the bees with a moral homily on the virtues of peace, hard work, and diligence (1705) Bernard Mandeville 2005-11-07
Bernard Mandeville uses a fable about bees to show how prosperity and good order comes about through spontaneous order (1705) Bernard Mandeville 2005-09-05
Adam Smith argued that the “propensity to truck, barter, and exchange” was inherent in human nature and gave rise to things such as the division of labour (1776) Adam Smith 2005-04-04
Voltaire on the Benefits which Trade and Economic Abundance bring to People living in the Present Age (1736) Voltaire 2004-09-13
Adam Smith on the natural ordering Tendency of Free Markets, or what he called the “Invisible Hand” (1776) Adam Smith 2004-05-31

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