The More Things A Government Undertakes To

The Envious Are More Likely To Be Mollified By Seeing Others Deprived Of Some Advantage Than By Gaining It For Themselves. It Is Not What They Lack That Chiefly Troubles Them, But What Others Have.

The More Things A Government Undertakes To Do, The Fewer Things It Can Do Completely. When The Government Tries To Do Everything It Must Do Everything Badly.

Economic Progress And Justice Do Not Consist In Superbly Equalized Destitution, But In The Constant Creation Of More And More Goods And Services, Of More And More Wealth And Income To Be Shared.

The Great Merit Of Gold Is Precisely That It Is Scarce; That Its Quantity Is Limited By Nature; That It Is Costly To Discover, To Mine, And To Process; And That It Cannot Be Created By Political Fiat Or Caprice.

In A Free Enterprise System, With An Honest And Stable Money, There Is Dominantly A Close Link Between Effort And Productivity, On The One Hand, And Economic Reward On The Other. Inflation Severs This Link. Reward Comes To Depend Less And Less On Effort And Production, And More And More On Successful Gambling And Luck.