Monthly Archives: June 2010

On the surface this may sound heartless and insensitive to the needs of those less fortunate individuals who are found in any society, no matter how affluent. “What about the lame, the sick and the destitute? Is an often-voice question. … Continue reading →

Nearly two hundred years ago, Adam Smith, the Englishman, who understood these principles very well, published his great book, THE WEALTH OF NATIONS, which contains this statement: “The natural effort of every individual to better his own condition, when suffered … Continue reading →

We have before us currently a sad example of what happens to a nation which ignores these principles. Former FBI agent, Dan Smoot, succinctly pointed this out on his broadcast number 649, dated January 29, 1968, as follows: “England was … Continue reading →

The principle behind this American philosophy can be reduced to a rather simple formula: 1. Economic security for all is impossible without widespread abundance. 2. Abundance is impossible without industrious and efficient production. 3. Such production is impossible without energetic, … Continue reading →

Why, then, do Americans bake more bread, manufacture more shoes and assemble more TV sets than Russians do? They do so precisely because our government does NOT guarantee these things. If it did, there would be so many accompanying taxes, … Continue reading →

According to Marxist doctrine, a human being is primarily an economic creature. In other words, his material well-being is all important; his privacy and his freedom are strictly secondary. The Soviet constitution reflects this philosophy in its emphasis on security: … Continue reading →

Students of history know that no governement in the history of mankind has ever created any wealth. People who work create wealth. James R. Evans, in his inspiring book, “The Glorious Quest” gives this simple illustration of legalized plunder: “Assume, … Continue reading →

Listen to Bastiat’s explanation of this “legal plunder.” “When a portion of wealth is tranferred from the person who owns it – without his consent and without compensation, and whether by force or by fraud – to anyone who does … Continue reading →