Governments Never Learn. Only People Learn.

The Strongest Argument For Free Enterprise Is That It Prevents Anybody From Having Too Much Power. Whether That Person Is A Government Official, A Trade Union Official, Or A Business Executive. If Forces Them To Put Up Or Shut Up. They Either Have To Deliver The Goods, Produce Something That People Are Willing To Pay For, Are Willing To Buy, Or Else They Have To Go Into A Different Business.

Politicians Will Always Spend Every Penny Of Tax Raised And Whatever Else They Can Get Away With.

Cutting Government Spending And Government Intrusion In The Economy Will Almost Surely Involve Immediate Gain For The Many, Short-term Pain For The Few, And Long-term Gain For All.

The Combination Of Economic And Political Power In The Same Hands Is A Sure Recipe For Tyranny.

What Makes It [economics] Most Fascinating Is That Its Fundamental Principles Are So Simple That They Can Be Written On One Page, That Anyone Can Understand Them, And Yet Very Few Do.