Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That's not a statement, it's a definition.

All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come from figuring out how to produce more goods with fewer workers, thereby releasing labor to be more productive in other areas. It has never come about through permanent unemployment, but temporary unemployment, in the process of shifting people from one area to another.

The way you solve things is by making it politically profitable for the wrong people to do the right thing.

Reality ensures that the end of history will never come.

The future of private enterprise capitalism is also the future of a free society. There is no possibility of having a politically free society unless the major part of its economic resources are operated under a capitalistic private enterprise system.

Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.

We don't have a desperate need to grow. We have a desperate desire to grow.