Freedom is the quality of being free from the control of regulators and tax collectors. If I want to be free their control, I must not impose controls on others.

If we cannot return to fiscal integrity because the public prefers profusion and prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all.

There is no escape from the vast imbalances in international trade and finance. They will be corrected, sooner or later, by the inexorable principles that govern human action.

Inflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.

Political power intoxicates the best hearts. No man is wise enough, nor good enough, to be trusted with much political power.

An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.

Government is rather ill-suited and poorly equipped to alleviate the plight of the poor. It lacks moral rules or standards, and is devoid of basic principles in economic and social matters.