Inflation Is Taxation Without Legislation.

Politicians Will Always Spend Every Penny Of Tax Raised And Whatever Else They Can Get Away With.

If You Pay People Not To Work And Tax Them When They Do, Don't Be Surprised If You Get Unemployment.

World Trade Depends On Differences Among Countries, Not Similarities. Different Countries Are In Different Stages Of Development. It Is Appropriate For Them To Have Different Patterns, Different Policies For Ecology, Labor Standards, And So Forth.

Consider Social Security. The Young Have Always Contributed To The Support Of The Old. Earlier, The Young Helped Their Own Parents Out Of A Sense Of Love And Duty. They Now Contribute To The Support Of Someone Else's Parents Out Of Compulsion And Fear. The Voluntary Transfers Strengthened The Bonds Of The Family; The Compulsory Transfers Weaken Those Bonds.

Only A Crisis, Actual Or Perceived, Produces Real Change.