Government Planning Always Involves Compulsion.

There Are Millions Receiving Government Payments Who Have Come To Consider Them As An Earned Right, Who Of Course Find Them Inadequate, And Who Are Outraged At The Slightest Suggestion Of A Critical Re-examination Of The Subject. The Political Pressure For Constant Extension And Increase Of These Benefits Is Almost Irresistible.

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 The System Known As Capitalism - The System Of Private Property, Free Markets, And Free Enterprise.

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.

The Solution To Our Problems Is Not More Paternalism, Laws, Decrees, And Controls, But The Restoration Of Liberty And Free Enterprise, The Restoration Of Incentives, To Let Loose The Tremendous Constructive Energies Of 300 Million Americans.

A Man With A Scant Vocabulary Will Almost Certainly Be A Weak Thinker. The Richer And More Copious One's Vocabulary And The Greater One's Awareness Of Fine Distinctions And Subtle Nuances Of Meaning, The More Fertile And Precise Is Likely To Be One's Thinking. Knowledge Of Things And Knowledge Of The Words For Them Grow Together. If You Do Not Know The Words, You Can Hardly Know The Thing.