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    The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

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...the ultimate decision about what is accepted as right and wrong will be made not by individual human wisdom but read more

...the ultimate decision about what is accepted as right and wrong will be made not by individual human wisdom but by the disappearance of the groups that have adhered to the "wrong" beliefs.

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..the Bill of Rights does not come from the people and is not subject to change by majorities. It comes read more

..the Bill of Rights does not come from the people and is not subject to change by majorities. It comes from the nature of things. It declares the inalienable rights of man not only against all government but also against the people collectively.

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People cut themselves off from their ties of the old life when they come to Los Angeles. They are looking read more

People cut themselves off from their ties of the old life when they come to Los Angeles. They are looking for a place where they can be free, where they can do things they couldn't do anywhere else.

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If none were to have Liberty but those who understand what it is, there would not be many freed Men read more

If none were to have Liberty but those who understand what it is, there would not be many freed Men in the world.

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No man is good enough to govern another man without that other's consent.

No man is good enough to govern another man without that other's consent.

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In war there is no substitute for victory.

In war there is no substitute for victory.

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  9  /  13  

I love California, I practically grew up in Phoenix.

I love California, I practically grew up in Phoenix.

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  10  /  10  

...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.

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Voters don't decide issues, they decide who will decide issues.

Voters don't decide issues, they decide who will decide issues.

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