In the 1950s and 60s, the Indian economy was ravaged by central planning.
When should the military intervene in foreign conflicts? Only rarely and under narrow circumstances, said John Stuart Mill.
Milton Friedman helped bring the Chicago school of economics out of the shadow of Keynesian theory, advocating for free markets and voluntary associations.
“To my mind the law is not our worst enemy. … Religious bigotry, marital jealousy, social prejudice, will operate in ostracism, contempt…and actual violence.”
“Because liberty permits us to correct our mistakes…files the chains that bind us to the dead body of the past…we strive [for liberty in] morals and love.”
Economic prosperity goes hand-in-hand with freedom. We needn’t pick one or the other.
“Misson designed his Settlement[,] Libertalia, [naming his people] Liberi…desiring [that it might drown the] Names of French, English, Dutch, Africans, &c.”
“I am inclined to believe, that…every human creature is endowed with talents which…shew him to be apt, adroit, intelligent and acute.”
The Swatantra Party carried the torch of classical liberalism in India in the 1960s and 70s.
Foreign aid, argues Masani, transfers power from the people to the state while crowding out beneficial private investment.
“There [is a contest] between the face of the earth…and the ingenuity of man…We cover immense regions of the globe with the tokens of human cultivation.”
“All the great elements of society were drawn within the feudal enclosure, so even the…most trifling circumstances of common life, became subject to feudalism.”
“Adamnan of [Iona] will help you, O women!
Give unto your prince all the good things that are you!”
Narrowly, we have property rights to things, but in the broader, more correct sense, all the rights we posses are property rights.
Even when worthwhile, war brings terrible costs and must not be undertaken lightly.
Caldwell explains the differences between civil society and totalitarianism.
Caldwell argues that the South African apartheid regime was racialized socialism.
Caldwell dispels democratic mythology and argues for a new “maximum democratic” reality.