Whenever government assumed responsibility for the security, welfare, and prosperity of citizens, the costs of government rise beyond the point where it is politically expedient to cover them by direct tax levies.

Governments resort to inflation with popular support because the people apparently are naïve enough to believe that they can have their cake and eat it, too.

There could be no greater error than to conclude that statism caused prosperity.

A fact rarely suspected, let alone understood, is that businessmen are by no means the chief beneficiaries of the free market, private ownership, limited government way of life. Many business ventures fail entirely. Who then are the beneficiaries? The masses!

Such terms as communism, socialism, Fabianism, the welfare state, Nazism, fascism, state interventionism, egalitarianism, the planned economy, the New Deal, the Fair Deal, the New Frontier are simply different labels for much the same thing.

The advancement of freedom is not a matter of who wields political power over creative actions; rather, it depends upon the disassembling of such power.

The proper and limited use of government is to invoke a common justice and keep the peace - and that is all.