Happy Thanksgiving everyone. I have been blessed with the most wonderful family (and its getting larger all the time…) and the greatest friends one could ever possibly have. Thanks to all of you!
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Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion–the technique of the army and of the modern totalitarian state. The other is voluntary cooperation of individuals–the technique of the marketplace.
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