When people who earn more than the average have their 'surplus', or the greater part of it, seized from them in taxes, and when people who earn less ….

Arbitrary government power is being multiplied daily by the now practically unchallenged assumption that wherever there is any problem of any kind to….

Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be grea….

Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolon….

The superior freedom of the capitalist system, its superior justice, and its superior productivity are not three superiorities, but one. The justice ….

You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. You merely deprive him of the right to earn th….

Once the premise is accepted that poverty is never the fault of the poor but the fault of 'society,' or of 'the capitalist system, then there is no d….

We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry solve the incredibly ….

The way to maximize production is to maximize the incentives to production. And the way to do that, as the modern world has discovered, is through th….

The more 'adequate' we make relief, the more people we are going to find willing to get on it and stay on it indefinitely. The more we try to make s….

When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private….

The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no histori….

The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum that t….

Short-sighted and impatient efforts to wipe out poverty by severing the connection between effort and reward can only lead to the growth of a totalit….

In practice [monetary management] is merely a high-sounding euphemism for continuous currency debasement. It consists of constant lying in order to s….

It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more….

Give me the clear blue sky above my head, and the green turf beneath my feet, a winding road before me, and a three hours' march to dinner - and then….

Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power..

Liberty is the essential basis, the sine qua non, of morality..

There may have been somewhere, as a few eighteenth-century philosophers dreamed, a group of peaceful men who got together one evening after work and ….

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the poli….