If even a small fraction of the money we now spend on trying to enforce drug prohibition were devoted to treatment and drug rehabilitation, in an atmosphere of compassion not punishment, the reduction in drug usage and in the harm done to users could be dramatic.

Concentrated power is not rendered harmless by the good intentions of those who create it.

So that the record of history is absolutely crystal clear that there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free-enterprise system.

Political freedom means the absence of coercion of a man by his fellow men.

My interest in political philosophy was rather casual until I met Hayek.

Governments never learn. Only people learn.

Only a crisis, actual or perceived, produces real change.