Is There Some Society You Know Of

The High Rate Of Unemployment Among Teenagers, And Especially Black Teenagers, Is Both A Scandal And A Serious Source Of Social Unrest. Yet It Is Largely A Result Of Minimum Wage Laws. We Regard The Minimum Wage Law As One Of The Most, If Not The Most, Anti-black Laws On The Statute Books.

Inflation Is Always And Everywhere A Monetary Phenomenon In The Sense That It Is And Can Be Produced Only By A More Rapid Increase In The Quantity Of Money Than In Output.

Germany's Problem, In Part, Is That It Went Into The Euro At The Wrong Exchange Rate That Overvalued The Deutsche Mark.

Nothing Is So Permanent As A Temporary Government Program.

If We Have System In Which Government Is In A Position To Give Large Favor - It's Human Nature To Try To Get This Favor - Whether Those People Are Large Enterprises, Or Whether They're Small Businesses Like Farmers, Or Whether They're Representatives Of Any Other Special Group. The Only Way To Prevent That Is To Force Them To Engage In Competition One With The Other.