Economist Quotes

Hell hath no fury like a bureaucrat scorned.
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.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Inflation is taxation without legislation.
Inflation is the one form of taxation that can be imposed without legislation.
Is it really true that political self-interest is nobler somehow than economic self-interest?
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the 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.
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
Nothing is so permanent as a temporary government program.
One man's opportunism is another man's statesmanship.
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
The government solution to a problem is usually as bad as the problem.
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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