Inflation is always and everywhere a monetary phenomenon.
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market.
I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
It’s a very interesting historical fact that the countries that have moved away from capitalism toward socialism have been countries that at one time or another were under colonial domination.
If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
The problem of social organization is how to set up an arrangement under which greed will do the least harm.
The great danger to the consumer is the monopoly — whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him.
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
One of the great mistakes is to judge policies and programs by their intentions rather than their results.
The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didn’t construct his theory under order from a bureaucrat. Henry Ford didn’t revolutionize the automobile industry that way.
The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
There’s no such thing as a free lunch.
The government solution to a problem is usually as bad as the problem.
Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
Underlying most arguments against the free market is a lack of belief in freedom itself.
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
History suggests that capitalism is a necessary condition for political freedom.
Governments never learn. Only people learn.
Concentrated power is not rendered harmless by the good intentions of those who create it.
The great advances of civilization, whether in architecture or painting, in science or in literature, in industry or agriculture, have never come from centralized government.
There is a difference between a human right and a civil right. Civil rights derive from the government; human rights derive from the Creator.
The problem of social organization is how to set up an arrangement under which greed will do the least harm.
The government solution to a problem is usually as bad as the problem.
Apparently, the only progress that ever occurs in technology is the progress that occurs in capitalist countries.
The government has no business trying to run health care. It can’t do it.
If you want to know why capitalism is the best economic system, why it produces high incomes and high standards of living and high degrees of satisfaction and happiness, you don’t start with the better-off capitalists. You start with the poor people.
The most important single characteristic of the profit system is that it is a system in which the interests of the buyer and the seller coincide. Each of them wants to do business with the other.
There is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
I think the government solution to a problem is usually as bad as the problem and very often makes the problem worse.
Governments never learn. Only people learn.
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
There’s no such thing as a free lunch.
It is not feasible to have free immigration and a welfare state.
The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
I think the government solution to a problem is usually as bad as the problem and very often makes the problem worse.
I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market.
Governments never learn. Only people learn.
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
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