Watergate showed more strengths in our system than weaknesses... The whole country did take part in quite a genuine sense read more

Watergate showed more strengths in our system than weaknesses... The whole country did take part in quite a genuine sense in passing judgment on Richard Nixon.

Bad monetary and fiscal policy, often designed by the IMF, is the real cause of global problems. The only explanation read more

Bad monetary and fiscal policy, often designed by the IMF, is the real cause of global problems. The only explanation for why government leaders continue to follow these policies is that by blaming markets, they avoid blaming themselves.

...economic history is a long record of government policies that failed because they were designed with a bold disregard for read more

...economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.

The disposition of all power is to abuses, nor does it at all mend the matter that its possessors are read more

The disposition of all power is to abuses, nor does it at all mend the matter that its possessors are a majority.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions read more

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

Much of the social history of the Western world, over the past three decades, has been a history of replacing read more

Much of the social history of the Western world, over the past three decades, has been a history of replacing what has worked with what sounded good. In area after area- crime, education, housing, race relations- the situation has gotten worse after the bright new theories were put into operation. The amazing thing is that this history of failure and disaster has neither discouraged the social engineers nor discredited them.

The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent read more

The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent on the people's will in such a way that they may be peaceably changed if conflict occurs.

A right without an attendant responsibility is as unreal as a sheet of paper which has only one side.

A right without an attendant responsibility is as unreal as a sheet of paper which has only one side.

Glory is the child of peril.

Glory is the child of peril.