Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

Milton Friedman: “War is a Friend of the State”

November 2, 2015 By Richard C. Young

Originally posted December 16, 2014.the power problem

The Cato Institute’s Chris Preble, vice president for defense and foreign policy studies, is the author of The Power Problem: How American Military Dominance Makes Us Less Safe, Less Prosperous, and Less Free. Read here from Chris’ “Toward a Prudent Foreign Policy.”

War is the largest and most far-reaching of all statist enterprises: an engine of collectivization that undermines private enterprise, raises taxes, destroys wealth, and subjects all aspects of the economy to regimentation and central planning.”

An abhorrence of war flows from the classical liberal tradition. Adam Smith taught that “peace, easy taxes and a tolerable administration of justice” were the essential ingredients of good government. Other classical liberals, from Richard Cobden and John Stuart Mill to Ludwig von Mises and F.A. Hayek, excoriated war as incompatible with Liberty.

The United States should and will participate in the international system. It must remain engaged in the world. But it is wrong to equate engagement with global military dominance and perpetual warfare.

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • Milton Friedman on Freedom
  • VIDEO: Milton Friedman - Socialized Medicine
  • Tariffs: The Milton Friedman Perspective
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Latest posts by Richard C. Young (see all)
  • NH Republicans Favor DeSantis Over Trump By a Big Margin - January 27, 2023
  • Will Western Tanks Be a Game Changer in Ukraine? - January 26, 2023
  • Is Putin’s Meat Grinder Working? - January 26, 2023

Dick Young’s Must Reads

  • Gold’s 50-Year Price Explosion
  • U.S. Survival AR-7
  • Democracy: The Most Dangerous and Insidious Effect of Majority Rule.
  • “The Goal”: Strong Families, Resilient Faith, Thriving Middle Class.
  • Why Investors Should Forget Prices and Focus on Income
  • 751 “No-Go” Zones in France
  • “The Great Object Is that Every Man Be Armed”
  • Protection While Traveling in France
  • America’s Number One Patriot: Naples Florida’s Alfie Oakes
  • Are You Prepared to Run Out of Water?

Disclosure

RSS Youngresearch.com

  • CATO: Global Freedom Is in Sharp Decline
  • Biden Administration Destroying Retiree Fiduciary Protections
  • 4 Life Changing Words for Your Survival Guy: “You Should Try This”
  • Suddenly, Holding Cash Looks Good Again to Many
  • Anti-Carbon Crusaders in Davos Talk ESG and OPM
  • Is Passive Investing Already Passé?
  • Welcome to Hotel California, Where You Can Never Leave
  • What You’re Telling Me Matters
  • Can Banks Compete with Apple Pay and PayPal?
  • America’s Super States and Stocks that Respect YOU

RSS Yoursurvivalguy.com

  • CATO: Global Freedom Is in Sharp Decline
  • TIME FOR A GONDOLA? Little Cottonwood Canyon Jammed with Traffic
  • Biden Administration Destroying Retiree Fiduciary Protections
  • 4 Life Changing Words for Your Survival Guy: “You Should Try This”
  • Anti-Carbon Crusaders in Davos Talk ESG and OPM
  • Welcome to Hotel California, Where You Can Never Leave
  • What You’re Telling Me Matters
  • The Rich Seek More from Bank Accounts
  • California’s Wealth Tax Will Drive Out Remaining Rich Residents
  • Political Establishment Irate over Conservative Challenges to ESG

Don’t Believe ’em. They’re Coming for Your Gas Stove

NH Republicans Favor DeSantis Over Trump By a Big Margin

CATO: Global Freedom Is in Sharp Decline

The Telling Depth of Media Propaganda and Censorship

MEDIA BLACKOUT: No One Will Cover Pharma Exec’s Virus Confession

TIME FOR A GONDOLA? Little Cottonwood Canyon Jammed with Traffic

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives