Nothing is so permanent as a temporary government program.

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You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.

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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.

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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.

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If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

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Nobody spends somebody else's money as carefully as he spends his own.

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A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.

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When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union - like public housing in the United States - look decrepit within a year or two of their construction.

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We have a system that increasingly taxes work and subsidizes nonwork.

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The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

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