The Most Important Single Central Fact About

In Response To A Suggestion That Total Free Trade Would End In Cheaper Foreign Products Flooding The Market And Causing Unemployment.

I Would Say That In This World, The Greatest Source Of Inequality Has Been Special Privileges Granted By Government.

Government Is A Way By Which Every Individual Believes He Can Live At The Expense Of Everybody Else.

If, For Example, Existing Government Intervention Is Minor, We Shall Attach A Smaller Weight To The Negative Effect Of Additional Government Intervention. This Is An Important Reason Why Many Earlier Liberals, Like Henry Simons, Writing At A Time When Government Was Small By Today's Standards, Were Willing To Have Government Undertake Activities That Today's Liberals Would Not Accept Now That Government Has Become So Overgrown.

The Only Reason Free Markets Have A Ghost Of A Chance Is That They Are So Much More Efficient Than Any Other Form Of Organization.