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I think that permanence and stability are the cardinal virtues of the legal rules that make private innovation and public progress possible. To my mind there is no doubt that a legal regime that embraced private property and freedom of contract is the only one that in practice can offer that permanence and stability … In reaching this conclusion, I have been heavily influenced by the work of Friedrich Hayek.
--
Richard Epstein, in "Simple Rules for a Complex World" (1995)

 

Friedrich Hayek

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According to the pronouncements of our state rulers and their intellectual bodyguards (of whom there are more than ever before), we are better protected and more secure than ever. We are supposedly protected from global warming and cooling, from the extinction of animals and plants, from the abuses of husbands and wives, parents and employers, from poverty, disease, disaster, ignorance, prejudice, racism, sexism, homophobia, and countless other public enemies and dangers. In fact, however, matters are strikingly different. In order to provide us with all this protection, the state managers expropriate more than 40 percent of the incomes of private producers year in and year out. Government debt and liabilities have increased without interruption, thus increasing the need for future expropriations. Owing to the substitution of government paper money for gold, financial insecurity has increased sharply, and we are continually robbed through currency depreciation. Every detail of private life, property, trade, and contract is regulated by ever higher mountains of laws legislation), thereby creating permanent legal uncertainty and moral hazard. In particular, we have been gradually stripped of the right to exclusion implied in the very concept of private property. ... In short, the more the state has increased its expenditures on social security and public safety, the more our private property rights have been eroded, the more our property has been expropriated, confiscated, destroyed, or depreciated, and the more we have been deprived of the very foundation of all protection: economic independence, financial strength, and personal wealth.

 

Hans-Hermann Hoppe

 

In the inescapable flux, there is something that abides; in the overwhelming permanence, there is an element that escapes into flux. Permanence can be snatched only out of flux; and the passing moment can find its adequate intensity only by its submission to permanence.

 

Alfred North Whitehead

 

The Daily News ignores, as does the Fair Housing Act, the distinction between private and public property. Should it be prohibited for public, taxpayer-financed institutions such as schools to reject someone based on an individual's beliefs or attributes? Most certainly. Should it be prohibited for private entities such as a church, bed-and-breakfast or retirement neighborhood that doesn't want noisy children? Absolutely not. Decisions concerning private property and associations should in a free society be unhindered.

 

Rand Paul

 

In fact, the legal system is in part responsible for their very size and growth. And too often when the individual finds himself in conflict with these forces, the legal system sides with the giant institution, not the small businessman or private citizen.

 

Edward (Ted) Kennedy

 

In helping the arms industry to work with the Pentagon to work with the security agencies to work with the oil industry to work with the environmental agencies and so on, he encourages nationwide stability. If successful he will have indirectly eliminated interference from that rival system — citizen-based democracy — which technically maintains legal control over the constitutional structures of the Republic.

 

John Ralston Saul