Hell hath no fury like a bureaucrat scorned.

He moves fastest who moves alone.

Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.

The only reason there is a crisis about Social Security in the US and pensions in Europe and Japan is that you cannot maintain a "Ponzi" scheme indefinitely. We have collected from today's young to pay today's old and counted on tomorrow's young to keep doing so. That was a fine scheme as long as the number of young people was rising faster than old people. When that ratio comes to an end, such a system also has to end.

Government is a way by which every individual believes he can live at the expense of everybody else.

If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange rate. If it's an unattractive place, it will have a relatively low exchange rate. Those are the fundamentals that determine the exchange rate in a floating exchange rate system.

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.