Discontent does not invariably create a desire for change. Other factors have to be present before discontent turns into disaffection. read more

Discontent does not invariably create a desire for change. Other factors have to be present before discontent turns into disaffection. One of these is a sense of power.

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.

Power corrupts. Absolute power is kind of neat.

Power corrupts. Absolute power is kind of neat.

If you make a living, if you earn your own money, you're free -- however free one can be on read more

If you make a living, if you earn your own money, you're free -- however free one can be on this planet.

The best reason I can think of for not running for President of the United States is that you have read more

The best reason I can think of for not running for President of the United States is that you have to shave twice a day.

Government, in its very essence, is opposed to all increase in knowledge. Its tendency is always towards permanence and against read more

Government, in its very essence, is opposed to all increase in knowledge. Its tendency is always towards permanence and against change...[T]he progress of humanity, far from being the result of government, has been made entirely without its aid and in the face if its constant and bitter opposition.

The correct strategy for Americans negotiating with Japanese or other foreign clients is a Japanese strategy: ask questions. When you read more

The correct strategy for Americans negotiating with Japanese or other foreign clients is a Japanese strategy: ask questions. When you think you understand, ask more questions. Carefully feel for pressure points. If an impasse is reached, don't pressure. Suggest a recess or another meeting.

Find out just what any people will quietly submit to and you have the exact measure of the injustice and read more

Find out just what any people will quietly submit to and you have the exact measure of the injustice and wrong which will be imposed on them.

God himself has no right to be a tyrant.

God himself has no right to be a tyrant.