The more things a government undertakes to do, the fewer things it can do completely. When the government tries to do everything it must do everything badly.

One of the worst features of all the plans for sharing wealth and equalizing or guaranteeing incomes is that they lose sight of the conditions and institution s that are necessary to create wealth and income in the first place.

Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.

The more things a government undertakes to do, the fewer things it can do completely. When the government tries to do everything it must do everything badly.

From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation.

..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the matter. In this way, the supposed miracles of government spending will appear in another light.

The superior freedom of the capitalist system, its superior justice, and its superior productivity are not three superiorities, but one. The justice follows from the freedom and the productivity follows from the freedom and the justice.