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

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

A government debt is a government claim against personal income and private property - an unpaid tax bill.

Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.

The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.

Government welfare programs contribute to the disintegration of poor families. They make women and children dependent on government; dependent for food, for clothing, for shelter; and reward fatherless families with extra benefits and welfare perks.

The paper standard is self-destructive.