Crime wouldn't pay if the government ran it.

Crime wouldn't pay if the government ran it.

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.".

When the president does it, that means it is not illegal.

When the president does it, that means it is not illegal.

Power is not revealed by striking hard or often, but by striking true.

Power is not revealed by striking hard or often, but by striking true.

Capitalism without bankruptcy is like Christianity without hell.

Capitalism without bankruptcy is like Christianity without hell.

We vote too much. We deliberate too little. We have brought within the scope of the federal jurisdiction a vast read more

We vote too much. We deliberate too little. We have brought within the scope of the federal jurisdiction a vast number of subjects that do not belong here, but are nevertheless here. What we need to do is to stop passing laws. We have enough laws now to govern the world for the next ten thousand years.

When people revolt in a totalitarian society, they rise not against the wickedness of the regime but its weakness.

When people revolt in a totalitarian society, they rise not against the wickedness of the regime but its weakness.

Making capitalism out of socialism is like making eggs out of an omelet.

Making capitalism out of socialism is like making eggs out of an omelet.

The aspiration toward freedom is the most essentially human of all human manifestations.

The aspiration toward freedom is the most essentially human of all human manifestations.