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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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We do not have censorship. What we have is a limitation on what newspapers can report.

We do not have censorship. What we have is a limitation on what newspapers can report.

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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.

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Leadership is the art of getting someone else to do something you want done because he wants to do it.

Leadership is the art of getting someone else to do something you want done because he wants to do it.

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  8  /  28  

What is ominous is the ease with which some people go from saying that they don't like something to saying read more

What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long.

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The political world is stimulating. It's the most interesting thing you can do. It beats following the dollar.

The political world is stimulating. It's the most interesting thing you can do. It beats following the dollar.

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Of government, at least in democratic states, it may be said briefly that it is an agency engaged wholesale, and read more

Of government, at least in democratic states, it may be said briefly that it is an agency engaged wholesale, and as a matter of solemn duty, in the performance of acts which all self-respecting individuals refrain from as a matter of common decency.

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I've been to war, and it's not easy to kill. It's bloody and messy and totally horrifying, and the consequences read more

I've been to war, and it's not easy to kill. It's bloody and messy and totally horrifying, and the consequences are serious.

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I don't know exactly what democracy is. But we need more of it.

I don't know exactly what democracy is. But we need more of it.

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History is a relentless master. It has no present, only the past rushing into the future. To try to hold read more

History is a relentless master. It has no present, only the past rushing into the future. To try to hold fast is to be swept aside.

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