Society Doesn't Have Values. People Have Values.

A Free Man Will Ask Neither What His Country Can Do For Him Nor What He Can Do For His Country.

If The Us Government Spends 40 Percent Of The Nation's Income, As It Does Through Either Borrowing Or Taxes, That Income Is Not Available For People To Spend. The Deficit Is An Indirect Method Of Taxation. Of Course, Politicians Prefer To Borrow Instead Of Tax Because Then Someone Down The Road Has To Deal With The Consequences.

The Case Against A Fully Independent Central Bank Is Strong Indeed.

We Do Not Influence The Course Of Events By Persuading People That We Are Right When We Make What They Regard As Radical Proposals. Rather, We Exert Influence By Keeping Options Available When Something Has To Be Done At A Time Of Crisis.

I Want People To Take Thought About Their Condition And To Recognize That The Maintainence Of A Free Society Is A Very Difficult And Complicated Thing And It Requires A Self-denying Ordinance Of The Most Extreme Kind. It Requires A Willingness To Put Up With Temporary Evils On The Basis Of The Subtle And Sophisticated Understanding That If You Step In To Do Something About Them You Not Only May Make Them Worse, You Will Spread Your Tenticles And Get Bad Results Elsewhere.