once there is no longer free entry into the business of the production of protection and adjudication, the price of protection and justice will rise and their quality will fall. Rather than being a protector and judge, a compulsory monopolist will become a protection racketeer — the destroyer and invader of the people and property that he is supposed to protect, a warmonger, and an imperialist.This long one,is well worth your time.
Monday, June 30, 2008
On the Impossibility of Limited Government and the Prospects for a Second American Revolution
Professor Hans Hermann Hoppe reports: