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The world's problem is not too many people, but lack of political and economic freedom.
The world's problem is not too many people, but lack of political and economic freedom.
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.
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.
Equality may perhaps be a right, but no power on earth can ever turn it into a fact.
Equality may perhaps be a right, but no power on earth can ever turn it into a fact.
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.".
Freedom of the press is guaranteed only to those who own one.
Freedom of the press is guaranteed only to those who own one.
The death of democracy is not likely to be an assassination from
ambush. It will be a slow extinction from read more
The death of democracy is not likely to be an assassination from
ambush. It will be a slow extinction from apathy, indifference,and
undernourishment.
We are the people our parents warned us about.
We are the people our parents warned us about.
If you have a lemon, make lemonade.
If you have a lemon, make lemonade.
