The basic test of freedom is perhaps less in what we are free to do than in what we are read more

The basic test of freedom is perhaps less in what we are free to do than in what we are free not to do.

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.

In America, it is indispensable that every well wisher of true liberty should understand that acts of tyranny can only read more

In America, it is indispensable that every well wisher of true liberty should understand that acts of tyranny can only proceed from the publick. The publick, then, is to be watched, in this country, as, in other countries kings and aristocrats are to be watched.

Show me the country that has no strikes and I'll show you the country in which there is no liberty.

Show me the country that has no strikes and I'll show you the country in which there is no liberty.

This case has had full analyzation and has been looked at alot.

This case has had full analyzation and has been looked at alot.

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.

Liberalism is trust of the people tempered by prudence. Conservatism is distrust of the people tempered by fear.

Liberalism is trust of the people tempered by prudence. Conservatism is distrust of the people tempered by fear.

Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that read more

Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that set of options which has economic value...It is the options, and not the physical things, which are the "property" - economically as well as legally...But because the public tends to think of property as tangible, physical things, this opens the way politically for government confiscation of property by forcibly taking away options while leaving the physical objects untouched.

...whenever it is necessary that one of several conflicting opinions should prevail and when one would have to be made read more

...whenever it is necessary that one of several conflicting opinions should prevail and when one would have to be made to prevail by force if need be, it is less wasteful to determine which has the stronger support by counting numbers than by fighting. Democracy is the only method of peaceful change that man has yet been discovered.