The government transfers income and wealth according to the rules of politics, which make politicians the primary beneficiaries of the system, and the poor and needy the primary victims.

In expectation of his demise, a successful businessman may sell out to his competitors to prepare his estate with readily marketable securities, such as U.S. Treasury bonds. The confiscatory death tax eliminates many family enterprises and promotes the growth of giant corporations.

Wherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insi

Since there is no orderly way to liquidate the federal debt, we must brace for a payment crisis.

War cannot be driven out by war, for the use of evil breeds more evil, hostility more hostility, and the use of force more force.

Centers of unionism are also the centers of unemployment.

To live beyond your means today is to live below them tomorrow.