Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.
Hans F. SennholzNo other commodity enjoys as much universal acceptability and marketability as gold.
Hans F. SennholzWhen individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting.
Hans F. SennholzWe are ever aware that politics is an ugly struggle that determines 'who gets what, when, and how.' It is the favorite occupation of people who serve special interests, who have axes to grind, and public careers to advance. It is a game in which benefits are bestowed according to political skill and connection, rather than merit.
Hans F. Sennholz