If You Pay People Not To Work

. . . It Is Worth Discussing Radical Changes, Not In The Expectation That They Will Be Adopted Promptly But For Two Other Reasons. One Is To Construct An Ideal Goal, So That Incremental Changes Can Be Judged By Whether They Move The Institutional Structure Toward Or Away From That Ideal. The Other Reason Is Very Different. It Is So That If A Crisis Requiring Or Facilitating Radical Change Does Arise, Alternatives Will Be Available That Have Been Carefully Developed And Fully Explored.

Inflation Is Taxation Without Legislation.

The Real Tragedy Of Minimum Wage Laws Is That They Are Supported By Well-meaning Groups Who Want To Reduce Poverty. But The People Who Are Hurt Most By Higher Minimums Are The Most Poverty Stricken.

Nobody Spends Somebody Else's Money As Carefully As He Spends His Own.

Universities Exist To Transmit Knowledge And Understanding Of Ideas And Values To Students Not To Provide Entertainment For Spectators Or Employment For Athletes.