Inflation Is Taxation Without Legislation.

Viewed As A Means To The End Of Political Freedom, Economic Arrangements Are Important Because Of Their Effect On The Concentration Or Dispersion Of Power. The Kind Of Economic Organization That Provides Economic Freedom Directly, Namely, Competitive Capitalism, Also Promotes Political Freedom Because It Separates Economic Power From Political Power And In This Way Enables The One To Offset The Other

A Society That Puts Equality — In The Sense Of Equality Of Outcome — Ahead Of Freedom Will End Up With Neither Equality Nor Freedom. The Use Of Force To Achieve Equality Will Destroy Freedom, And The Force, Introduced For Good Purposes, Will End Up In The Hands Of People Who Use It To Promote Their Own Interests.

...theories Should Be Judged By Their Ability To Predict Events Rather Than By The Realism Of Their Assumptions.

I Want People To Take Thought About Their Condition And To Recognize That The Maintenance Of A Free Society Is A Very Difficult And Complicated Thing And It Requires A Self-denying Ordinance Of The Most Extreme Kind

You Had A Flood Of Immigrants, Millions Of Them, Coming To This Country. What Brought Them Here? It Was The Hope For A Better Life For Them And Their Children. And, In The Main, They Succeeded. It Is Hard To Find Any Century In History, In Which So Large A Number Of People Experience So Great An Improvement In The Conditions Of Their Life, In The Opportunities Open To Them, As In The Period Of The 19th And Early 20th Century.