Trade Protection Accumulates Upon A Single Point

It Is Not True That The Legislator Has Absolute Power Over Our Persons And Property. The Existence Of Persons And Property Preceded The Existence Of The Legislator, And His Function Is Only To Guarantee Their Safety.

In An Economy, An Act, A Habit, An Institution, Or A Law, Gives Birth Not Only To An Effect, But To A Series Of Effects. Of These Effects, The First Only Is Immediate; It Manifests Itself Simultaneously With Its Cause - It Is Seen. The Others Unfold In Succession - They Are Not Seen. Now This Difference Is Enormous, For It Is Often True That When The Immediate Consequence Is Favorable, The Ultimate Consequences Are Fatal, And The Converse.

It Is Indeed A Singular Thing That People Wish To Pass Laws To Nullify The Disagreeable Consequences That The Law Of Responsibility Entails. Will They Never Realize That They Do Not Eliminate These Consequences But Merely Pass Them Along To Other People? The Result Is One Injustice The More And One Moral The Less.

There Is Not A Tool, An Implement, Or A Machine That Has Not Resulted In A Decrease In The Contribution Of Human Labor. Labor Is Not Made Permanently Idle [though]; When Replaced In One Special Category... It Turns Its Attack Against Other Obstacles On The Main Road To Progress.

There Is In All Of A Strong Disposition To Believe That Anything Lawful Is Also Legitimate. This Belief Is So Widespread That Many Persons Have Erroneously Held That Things Are "just" Because The Law Makes Them So.