These people live in many lands, speak different languages, practice different religions, may even hate one another- yet none of these differences prevented them from cooperating to produce a pencil. How did it happen? Adam Smith gave us the answer two hundred years ago.
It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.
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Murray N. Rothbard
There's a huge swath of humanity that has developed verbal abilities to extract resources from guilt-ridden people. They used to be priests, and now they're leftists.
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Stefan Molyneux
Recognizing that the boundaries of the market are ambiguous and cannot be determined in an objective way lets us realize that economics is not a science like physics or chemistry, but a political exercise... If the boundaries of what you are studying cannot be scientifically...
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HaJoon Chang
Think what it implies when you say that a country needs leaders. In your day-to-day life, you interact with all sorts of other individuals. And that's all society is: the collective name for lots of INDIVIDUALS. But for some inexplicable reason, we're taught to believe...
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Larken Rose
The paralysis of potential is essential to the manufacturing of victims.
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Stefan Molyneux
More Quotes By Milton Friedman
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
I think that nothing is so important for freedom as recognizing in the law each individual’s natural right to property, and giving individuals a sense that they own something that they’re responsible for, that they have control over, and that they can dispose of.
Self-interest is not myopic selfishness. It is whatever it is that interests the participants, whatever they value, whatever goals they pursue. The scientist seeking to advance the frontiers of his discipline, the missionary seeking to convert infidels to the true faith, the philanthropist seeking to...
The ICC [Interstate Commerce Commission] illustrates what might be called the natural history of government intervention. A real or fancied evil leads to demands to do something about it. A political coalition forms consisting of sincere, high-minded reformers and equally sincere interested parties. The incompatible...
For example, the supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do. That is clearly wrong. If all we want are jobs, we can create any number--for...
