If China Don't Free Up The Political

Government Has Three Primary Functions. It Should Provide For Military Defense Of The Nation. It Should Enforce Contracts Between Individuals. It Should Protect Citizens From Crimes Against Themselves Or Their Property. When Government-- In Pursuit Of Good Intentions Tries To Rearrange The Economy, Legislate Morality, Or Help Special Interests, The Cost Come In Inefficiency, Lack Of Motivation, And Loss Of Freedom. Government Should Be A Referee, Not An Active Player.

Inflation Is The One Form Of Taxation That Can Be Imposed Without Legislation.

You Mustn't Judge A Politician By Talk. You Have To Judge Them By Performance.

My Interest In Political Philosophy Was Rather Casual Until I Met Hayek.

The Argument For The Free Market Is A Complicated And Sophisticated One And Depends On Demonstration Of Secondary Effects. I Have Confidence Market Efficiency Will Win Out.