The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world.

Education spending will be most effective if it relies on parental choice & private initiative -- the building blocks of success throughout our society.

I think that the Internet is going to be one of the major forces for reducing the role of government.

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.

We have a system that increasingly taxes work and subsidizes nonwork.

There is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves.

A real gold standard is thoroughly consistent with [classical] liberal principles and I, for one, am entirely in favor of measures promoting its development.