A war is not won if the defeated enemy has not been turned into a friend.

A war is not won if the defeated enemy has not been turned into a friend.

All leaders strive to turn their followers into children.

All leaders strive to turn their followers into children.

No serious historian of politics would imagine that he had accounted for the protective tariff of the system of bounties read more

No serious historian of politics would imagine that he had accounted for the protective tariff of the system of bounties or subsidies, for the monetary and banking laws, for the state of law in regard to corporate privileges and immunities, for the actual status of property rights, for agricultural or for labor policies, until he had gone behind the general claims and the abstract justifications and had identified the specifically interested groups which promoted the specific law.

Every politician should have been born an orphan and remain a bachelor.

Every politician should have been born an orphan and remain a bachelor.

I met someone on the street who said wasn't it great that we're going to have a movie star for read more

I met someone on the street who said wasn't it great that we're going to have a movie star for president, that it was so Pop, and (laughs) when you think about it like that, it is great, it's so American.

It is a dangerous and idle dream to think that the state can become rule by philosophers turned kings or read more

It is a dangerous and idle dream to think that the state can become rule by philosophers turned kings or scientists turned commissars. For if philosophers become kings or scientists commissars, they become politicians, and the powers given to the state are powers given to men who are rulers of states, men subject to all the limitations and temptations of their dangerous craft. Unless this is borne in mind, there will be a dangerous optimistic tendency to sweep aside doubts and fears as irrelevant, since, in the state that the projectors have in mind, power will be exercised by men of a wisdom and degree of moral virtue that we have not yet seen. It won't. It will be exercised by men who will be men first and rulers next and scientists and saints long after.

Property is a central economic institution of any society, and private property is the central institution of a free society.

Property is a central economic institution of any society, and private property is the central institution of a free society.

The fact is that up to now a free society has not been good for the intellectual. It has neither read more

The fact is that up to now a free society has not been good for the intellectual. It has neither accorded him a superior status to sustain his confidence nor made it easy for him to acquire an unquestioned sense of social usefulness. For he derives his sense of usefulness mainly from directing, instructing, and planning- from minding other people's business- and is bound to feel superfluous and neglected where people believe themselves competent to manage individual and communal affairs, and are impatient of supervision and regulation. A free society is as much a threat to the intellectual's sense of worth as an automated economy is to the workingman's sense of worth. Any social order that can function with a minimum of leadership will be anathema to the intellectual.

The art of economics consists in looking not merely at the immediate but at the longer effects of any act read more

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.