History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

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.

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.

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.

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.

Is it really true that political self-interest is nobler somehow than economic self-interest?

Inflation is the one form of taxation that can be imposed without legislation.

Inflation is taxation without legislation.

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

And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

Hell hath no fury like a bureaucrat scorned.

Governments never learn. Only people learn.

Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.

Concentrated power is not rendered harmless by the good intentions of those who create it.