Worthwhile read, especially if you have heard any of these myths.
Myths about libertarianism - The Mises CommunityW
Time to Cash Out of the Banking System?
3 hours ago
We should always keep in mind the biggest reason for ending the drug war: the concept of individual liberty. The government has no more business monitoring and punishing a person for what he ingests than it does for what he reads. The right to ingest anything you want goes to the core of a free society. When the government wields the power to punish people for ingesting substances that public officials don’t approve of, there is no way that people in that society can legitimately be considered free. That’s why such sentiments as “Thank God I’m an American because at least I know I’m free” are ridiculous. They reflect what might be called living “the life of the lie.”
Why have we institutionalized dangerous bullies in our society in the first place?
There seems to be an absence of any idea that law-enforcement officers even need to justify their actions.
Somewhere along the way (I'm guessing that "somewhere" was a government-run school), a large number of Americans learned to equate "law and order" with "obedience to authority."
We are becoming a nation of prisoners and prison guards.
Refuse to be treated like a criminal if you aren't one.
Refuse to go along with others being treated like criminals if they aren't.
The tragic irony of the regulated workplace is that it most adversely affects those on the margins of society...
Tragically, a higher minimum wage and workplace-safety regulations are likely to exacerbate rather than mitigate social inequalities by removing the penalties that discriminatory employers would have to pay in a competitive market and by eliminating an important margin on which disadvantaged groups could compete.
When people aren't allowed to compete on the basis of price, quantity, and quality, firms can discriminate on the basis of something other than productivity.
A racist employer would suffer a penalty (lower profits than his competitors) if he insisted on indulging a "taste for discrimination" in a competitive market. When prices are fixed, and labor conditions are set by law, that same employer can indulge his racist preferences without receiving his capitalist comeuppance...
One of the unintended consequences of the minimum wage and workplace regulations is that they perpetuate inequality...
But racism is an entrepreneurial error, and one that should be quickly punished in the marketplace. With restrictions on the way the labor market functions, the entrepreneurial error (and moral abomination) that is racism can go uncorrected.
Milton Friedman openly argued that minimum-wage laws are racist in effect if not intent...
Denied the opportunity to earn incomes and to acquire valuable skills, those adversely affected by the minimum wage were not allowed to share in the general prosperity that a market economy produces...