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    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.

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Where things have not changed at all, there is the least likelihood of revolution.

Where things have not changed at all, there is the least likelihood of revolution.

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Nothing can so alienate a voter from the political system as backing a winning candidate.

Nothing can so alienate a voter from the political system as backing a winning candidate.

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No man is entitled to the blessings of freedom unless he be vigilant in its preservation.

No man is entitled to the blessings of freedom unless he be vigilant in its preservation.

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I have no trouble with my enemies. I can take care of my enemies all right. But my damn friends. read more

I have no trouble with my enemies. I can take care of my enemies all right. But my damn friends. They're the ones that keep me walking the floor nights!

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You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these read more

You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence.

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One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making read more

One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making units, the structuring of their incentives, and the counterbalancing of the units against one another, rather than on the more usual (and more exciting) principle of substituting "the good guys" for "the bad guys.".

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...no civilized society can long exist, with an active power in its bosom that is stronger than the law.

...no civilized society can long exist, with an active power in its bosom that is stronger than the law.

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It is no secret that organized crime in America takes in over forty billion dollars a year. This is quite read more

It is no secret that organized crime in America takes in over forty billion dollars a year. This is quite a profitable sum, especially when one considers that the Mafia spends very little for office supplies.

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It is precisely those things which belong to "the people" which have historically been despoiled- wild creatures, the air, and read more

It is precisely those things which belong to "the people" which have historically been despoiled- wild creatures, the air, and waterways being notable examples. This goes to the heart of why property rights are socially important in the first place. Property rights mean self-interested monitors. No owned creatures are in danger of extinction. No owned forests are in danger of being leveled. No one kills the goose that lays the golden egg when it is his goose.

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