“The State should not teach; it should allow others to teach. All monopolies are detestable, but the worst of all is the monopoly on education.” — Frédéric Bastiat

GM

Dive into bitcoin, Austrian Economics, and current affairs with The Bitcoin Standard Podcast. 📅 New Episodes Weekly 📲 Available on All Major Podcast Platforms 🎥 Watch on YouTube bit.ly/4cWlaYW @Saifedean Ammous

Who, or what kind of content, received the biggest zap you’ve ever sent? ⚡️

The smallest minority on earth is the individual.

George Orwell, reviewing The Road to Serfdom in 1944: “Professor Hayek’s thesis is that Socialism inevitably leads to despotism, and that in Germany the Nazis were able to succeed because the Socialists had already done most of their work for them, especially the intellectual work of weakening the desire for liberty. By bringing the whole of life under the control of the State, Socialism necessarily gives power to an inner ring of bureaucrats, who in almost every case will be men who want power for its own sake and will stick at nothing in order to retain it. Britain, he says, is now going the same road as Germany, with the left-wing intelligentsia in the van and the Tory Party a good second. The only salvation lies in returning to an unplanned economy, free competition, and emphasis on liberty rather than on security.”

I believe in mass surveillance. Of politicians.