A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
Concentrated power is not rendered harmless by the good intentions of those who create it.
Governments never learn. Only people learn.
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
Inflation is the one form of taxation that can be imposed without legislation.
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
Hell hath no fury like a bureaucrat scorned.
Sunday, July 31, 2005
"Concentrated power is not rendered harmless by the good intentions of those who create it"
Today is the birthday of Milton Friedman (1912- ), the American economist who has said that