The Price Works So Well, So Efficiently,

There Is No Figure Who Had More Of An Influence, No Person Had More Of An Influence On The Intellectuals Behind The Iron Curtain Than Friedrich Hayek. His Books Were Translated And Published By The Underground And Black Market Editions, Read Widely, And Undoubtedly Influenced The Climate Of Opinion That Ultimately Brought About The Collapse Of The Soviet Union.

Political Leaders In Capitalist Countries Who Cheer The Collapse Of Socialism In Other Countries Continue To Favor Socialist Solutions In Their Own. They Know The Words, But They Have Not Learned The Tune.

Had Drugs Been Decriminalized, Crack Would Never Have Been Invented And There Would Today Be Fewer Addicts... The Ghettos Would Not Be Drug-and-crime-infested No-man's Lands... Colombia, Bolivia And Peru Would Not Be Suffering From Narco-terror, And We Would Not Be Distorting Our Foreign Policy Because Of It.

Most Economic Fallacies Derive From The Tendency To Assume That There Is A Fixed Pie, That One Party Can Gain Only At The Expense Of Another.

I'm Not In Favor Of No Government. You Do Need A Government. But By Doing So Many Things That The Government Has No Business Doing, It Cannot Do Those Things Which It Alone Can Do Well. There's No Other Institution In My Opinion That Can Provide Us With Protection Of Our Life And Liberty. However, The Government Performs That Basic Function Poorly Today, Precisely Because It Is Devoting Too Much Of Its Efforts And Spending Too Much Of Our Income On Things Which Are Harmful. So I Have No Doubt That That's The Major Single Problem We Face.