The tendency of democracies is, in all things, to mediocrity, since the tastes, knowledge, and principles of the majority form read more

The tendency of democracies is, in all things, to mediocrity, since the tastes, knowledge, and principles of the majority form the tribunal of appeal.

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The read more

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The first lesson of politics is to disregard the first lesson of economics.

Power (n): The only narcotic regulated by the SEC instead of the FDA.

Power (n): The only narcotic regulated by the SEC instead of the FDA.

Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast read more

Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast numbers of people who do not themselves exercise these rights.

Against nature and within nature there is no freedom.

Against nature and within nature there is no freedom.

A criminal trial is like a Russian novel: it starts with exasperating slowness as the characters are introduced to a read more

A criminal trial is like a Russian novel: it starts with exasperating slowness as the characters are introduced to a jury, then there are complications in the form of minor witnesses, the protagonist finally appears and contradictions arise to produce drama, and finally as both jury and spectators grow weary and confused the pace quickens, reaching its climax in passionate final argument.

It is the duty of righteous men to make war on all undeserved privilege, but one must not forget that read more

It is the duty of righteous men to make war on all undeserved privilege, but one must not forget that this is a war without end.

We trained hard - but it seemed that every time we were beginning to form up into teams we were read more

We trained hard - but it seemed that every time we were beginning to form up into teams we were reorganized. I was to learn later in life that we tend to meet any new situation by reorganizing, and what a wonderful method it can be for creating the illusion of progress while actually producing confusion, inefficiency, and demoralization.

You do not examine legislation in the light of the benefits it will convey if properly administered, but in the read more

You do not examine legislation in the light of the benefits it will convey if properly administered, but in the light of the wrongs it would do and the harms it would cause if improperly administered.