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"It seems to be difficult if not impossible for human beings to avoid thinking of government as a mystical entity with a nature and a history all its own. It constitutes for them a creature somehow interposed between themselves and the great flow of cosmic events, and they look to it to think for them and to protect them. In democratic countries it is theoretically their agent, but there seems to be a strong tendency to convert the presumably free citizen into its agent, or at all events, its client. This exalted view of its scope, character, powers and autonomy is fundamentally false. A government at bottom is nothing more than a group of men, and as a practical matter most of them are inferior men. Yet these nonentities, by the intellectual laziness of men in general, have come to a degree of puissance in the world that is unchallenged by that of any other group. Their fiats, however preposterous, are generally obeyed as a matter of duty, they are assumed to have a kind of wisdom that is superior to ordinary wisdom, and the lives of multitudes are willingly sacrificed in their interest."
— H.L. Mencken, "Minority Report"

Lessons for the Young Economist

Ludwig von Mises Institute (hat tip Economic Policy Journal)

An excellent Austrian economics book for grades 6-12 and older (see the video interview with the author). This may be best as a second read after sparking interest with How an Economy Grows and Why It Crashes, by Peter & Andrew Schiff. Buy this for your local school and public libraries, as well as your own progeny.

Prince William: Antichrist 2015