Nobody Spends Somebody Else's Money As Carefully

We Measure Poverty By What I Believe Is A Very, Very Crude Concept. We Actually Measure Poverty By Trying To Get Some Kind Of An Estimate Of The Minimum Expenditures On Food That Are Required To Maintain Health, Multiplying That Number By Three, And Saying That's The Level Of Poverty. And It's A Very Crude, Inaccurate Arrangement.

There Is Not A Line In 'the Wealth Of Nations' That Is Not Still Applicable To This Day.

I Think There Is Universal Agreement Within The Economics Profession That The Decline - The Sharp Decline In The Quantity Of Money Played A Very Major Role In Producing The Great Depression.

Self-interest Is Not Myopic Selfishness. It Is Whatever It Is That Interests The Participants, Whatever They Value, Whatever Goals They Pursue. The Scientist Seeking To Advance The Frontiers Of His Discipline, The Missionary Seeking To Convert Infidels To The True Faith, The Philanthropist Seeking To Bring Comfort To The Needy - All Are Pursuing Their Interests, As They See Them, As They Judge Them By Their Own Values.

Richard Nixon Was A Very Intelligent And Able Man. And He Had The Right Ideas. But He Did Not Have The Adherence To Principles That [ronald] Reagan Had. He Did Some Very Good Things. We Owe To Richard Nixon The Volunteer Army - He Got Rid Of The Draft. And That Was A Major Increase In Freedom.