One Of The Great Mistakes Is To

The Only Relevant Test Of The Validity Of A Hypothesis Is Comparison Of Prediction With Experience.

Universities Exist To Transmit Knowledge And Understanding Of Ideas And Values To Students Not To Provide Entertainment For Spectators Or Employment For Athletes.

Rich People Are The Experimental Ground For Every New Development. The Nature Of Progress Is That What Begins As A Luxury For The Rich Becomes A Necessity For The Poor As It's Developed And Passed On.

If The Government Is To Try And Ban Private Consumption Of Alcohol And Tobacco, It Must Surely Ban Such Activities As Hang-gliding, Skiing, Rock-climbing And So On. Where Should It Stop? Rugby? American Football? Ice Hockey? Insofar As The Government Has Information Not Generally Available About The Merits Or Demerits Of The Items We Ingest Or The Activities We Engage In, Let It Give Us The Information. But Let It Leave Us Free To Choose What Chances We Want To Take With Our Own Lives.

So That The Record Of History Is Absolutely Crystal Clear That There Is No Alternative Way, So Far Discovered, Of Improving The Lot Of The Ordinary People That Can Hold A Candle To The Productive Activities That Are Unleashed By A Free-enterprise System.