Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: read more

Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.

We want men to rule the nation who care more for and love better the nation's welfare than gold and read more

We want men to rule the nation who care more for and love better the nation's welfare than gold and silver, fame or popularity.

Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in read more

Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.

Socialism is workable only in heaven where it isn't needed, and in hell where they've got it

Socialism is workable only in heaven where it isn't needed, and in hell where they've got it

Welfare is hated by those who administer it, mistrusted by those who pay for it and held in contempt by read more

Welfare is hated by those who administer it, mistrusted by those who pay for it and held in contempt by those who receive it.

The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing read more

The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.

The meaning of peace is the absence of opposition to socialism.

The meaning of peace is the absence of opposition to socialism.

The principles are clear and explicit. The free market is fine for the third world and its growing counterpart at read more

The principles are clear and explicit. The free market is fine for the third world and its growing counterpart at home. Mothers with dependent children can be sternly lectured on the need for self-reliance, but not dependent executives and investors, please. For them, the welfare state must flourish.

The wish to spread those opinions that we hold conducive to our own welfare is so deeply rooted in the read more

The wish to spread those opinions that we hold conducive to our own welfare is so deeply rooted in the English character that few of us can escape its influence.