When Under The Pretext Of Fraternity, The

Society Is Composed Of Men, And Every Man Is A Free Agent. Since Man Is Free, He Can Choose; Since He Can Choose, He Can Err; Since He Can Err, He Can Suffer. I Go Further: He Must Err And He Must Suffer; For His Starting Point Is Ignorance, And In His Ignorance He Sees Before Him An Infinite Number Of Unknown Roads, All Of Which Save One Lead To Error.

Legal Plunder Can Be Committed In An Infinite Number Of Ways; Hence, There Are An Infinite Number Of Plans For Organizing It: Tariffs, Protection, Bonuses, Subsidies, Incentives, The Progressive Income Tax, Free Education, The Right To Employment, The Right To Profit, The Right To Wages, The Right To Relief, The Right To The Tools Of Production, Interest Free Credit, Etc., Etc. And It The Aggregate Of All These Plans, In Respect To What They Have In Common, Legal Plunder, That Goes Under The Name Of Socialism.

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.

Each Of Us Has A Natural Right, From God, To Defend His Person, His Liberty, And His Property.

The Law Can Be An Instrument Of Equalization Only As It Takes From Some Persons And Gives To Other Persons. When The Law Does This, It Is An Instrument Of Plunder.