Mere Inflation-that Is, The Mere Issuance Of

The Way To Maximize Production Is To Maximize The Incentives To Production. And The Way To Do That, As The Modern World Has Discovered, Is Through The System Known As Capitalism - The System Of Private Property, Free Markets, And Free Enterprise.

What Is Put Into The Hands Of B Cannot Be Put Into The Hands Of A.

Government Provided Free Tuition Tends More And More To Produce A Uniform Conformist Education, With College Faculties Ultimately Dependent For Their Jobs On The Government, And So Developing An Economic Interest In Profession And Teaching A Statist, Pro-government, And Socialist Ideology.

The Question Is Not Whether We Wish To See Everybody As Well Off As Possible. Among Men Of Good Will Such An Aim Can Be Taken For Granted. The Real Question Concerns The Proper Means Of Achieving It. And In Trying To Answer This We Must Never Lose Sight Of A Few Elementary Truisms. We Cannot Distribute More Wealth Than Is Created. We Cannot In The Long Run Pay Labor As A Whole More Than It Produces.

When Each Of Us Is Free To Work Out His Own Economic Destiny, Within The Framework Of The Market Economy, The Institution Of Private Property, And The General Rule Of Law, We Will All Improve Our Economic Condition Much Faster Than When We Are Ordered Around By Bureaucrats.