Making prohibition work is like making water run uphill; it's against nature.

The great achievements of civilization have not come from government bureaus.

You mustn't judge a politician by talk. You have to judge them by performance.

It all would have been much better if individuals saved for their own old age.

Inflation is the one form of taxation that can be imposed without legislation.

And where are you going to get these angels who are going to run society for us?

Inflation is a monetary phenomenon. It is made by or stopped by the central bank.

The only corporate social responsibility a company has is to maximize its profits.

If freedom were not so economically efficient it certainly wouldn't stand a chance.

Never try to walk across a river just because it has an average depth of four feet.

Columbus did not seek a new route to the Indies in response to a majority directive.

The price works so well, so efficiently, that we are not aware of it most of the time.

If you cannot state a proposition clearly and unambiguously, you do not understand it.

When you start paying people to be poor, you wind up with an awful lot of poor people.

You must distinguish sharply between being pro free enterprise and being pro business.

Corruption is government intrusion into market efficiencies in the form of regulations.

If you do not force political freedom, economic freedom will be stymied sooner or later.

There is not a line in 'The Wealth of Nations' that is not still applicable to this day.

Underlying most arguments against the free market is a lack of belief in freedom itself.

Concentrated power is not rendered harmless by the good intentions of those who create it.

Economic freedom is ... an indispensable means toward the achievement of political freedom.

[T]he burden of government is not measured by how much it taxes, but by how much it spends.

Is it really true that political self-interest is nobler somehow than economic self-interest?

There is no person, no theorist so reckless as he who says that the facts speak for themselves.

The combination of economic and political power in the same hands is a sure recipe for tyranny.

You know there are very few Marxists left in the world... they're all in American universities.

Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.

A free man will ask neither what his country can do for him nor what he can do for his country.

Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.

Humility is the distinguishing virtue of the believer in freedom; arrogance, of the paternalist.

Politicians will always spend every penny of tax raised and whatever else they can get away with.

There's no point in comparing an actual, operating system with an ideal system that doesn't exist.

The problem in this world is to avoid concentration of power - we must have a dispersion of power.

We had much freer trade in the 19th century. We have much less globalization now than we did then.

The only relevant test of the validity of a hypothesis is comparison of prediction with experience.

Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.

Government is a way by which every individual believes he can live at the expense of everybody else.

If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.

I think that the Internet is going to be one of the major forces for reducing the role of government.

The government doesn't have any money. The only power it has is to take from some and give to others.

The invisible hand in politics operates in the opposite direction to the invisible hand in the market.

The excuse for the destruction of liberty is always the plea of necessary ' that there is no alternative

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.

One of the great mistakes is to judge policies and programs by their intentions rather than their results.

The way you solve things is by making it politically profitable for the wrong people to do the right thing.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

When something goes wrong, the natural tendency is to say, "By God, we need to pass a law and do something."

In this day and age, we need to revise the old saying to read, "Hell hath no fury like a bureaucrat scorned.

I do not believe there is a natural resource economics. I believe there is good economics and bad economics.

Congress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay

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