...economic history is a long record of government policies that failed because they were designed with a bold disregard for read more

...economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.

Unless a man has talents to make something of himself, freedom is an irksome burden. Of what avail is freedom read more

Unless a man has talents to make something of himself, freedom is an irksome burden. Of what avail is freedom to choose if the self be ineffectual? We join a mass movement to escape individual responsibility, or, in the words of the ardent young Nazi, "to be free from freedom.".

Ever since the beginning of modern science, the best minds have recognized that "the range of acknowledged ignorance will grow read more

Ever since the beginning of modern science, the best minds have recognized that "the range of acknowledged ignorance will grow with the advance of science." Unfortunately, the popular effect of this scientific advance has been a belief, seemingly shared by many scientists, that the range of our ignorance is steadily diminishing and that we can therefore aim at more comprehensive and deliberate control of all human activities. It is for this reason that those intoxicated by the advance of knowledge so often become the enemies of freedom.

Being in politics is like being a football coach. You have to be smart enough to understand the game and read more

Being in politics is like being a football coach. You have to be smart enough to understand the game and dumb enough to think it's important.

What is possible is our highest duty.

What is possible is our highest duty.

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.

The more the world is specialized the more it will be run by generalists.

The more the world is specialized the more it will be run by generalists.

One can become a leader only if one is supported by an ideology which makes other people tractable and accommodating.

One can become a leader only if one is supported by an ideology which makes other people tractable and accommodating.

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If read more

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.