Inflation Is Always And Everywhere A Monetary

[u]nemployment Is ... A Side Effect Of The Cure For Inflation.

The Great Depression Was Not A Sign Of The Failure Of Monetary Policy Or A Result Of The Failure Of The Market System As Was Widely Interpreted. It Was Instead A Consequence Of A Very Serious Government Failure, In Particular A Failure In The Monetary Authorities To Do What They'd Initially Been Set Up To Do.

A Society That Aims For Equality Before Liberty Will End Up With Neither Equality Nor Liberty. And A Society That Aims First For Liberty Will Not End Up With Equality, But It Will End Up With A Closer Approach To Equality Than Any Other Kind Of System That Has Ever Been Developed.

The Preservation Of Liberty, Not The Promotion Of Efficiency, Is The Primary Justification For Private Property. Efficiency Is A Happy, Though Not Accidental, By-product - And A Most Important By-product Because Liberty Could Not Have Survived If It Had Not Also Produced Affluence.

Because It Is One Thing To Have Free Immigration To Jobs. It Is Another Thing To Have Free Immigration To Welfare. And You Cannot Have Both. If You Have A Welfare State, If You Have A State In Which Every Resident Is Promises A Certain Minimal Level Of Income, Or A Minimum Level Of Subsistence, Regardless Of Whether He Works Or Not, Produces It Or Not. Then It Really Is An Impossible Thing.