If China don't free up the political side, its economic growth will come to an end - while it is still at a very low level.

My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving while there are unused resources ... people having skills which are not being used.

A free man will ask neither what his country can do for him nor what he can do for his country.

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.

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 most unresolved problem of the day is precisely the problem that concerned the founders of this nation: how to limit the scope and power of government. Tyranny, restrictions on human freedom, come primarily from governmental restrictions that we ourselves have set up.

...theories should be judged by their ability to predict events rather than by the realism of their assumptions.