Doing good with other people's money has two basic flaws. In the first place, you never spend anybody else's money as carefully as you spend your own. So a large fraction of that money is inevitably wasted. In the second place, and equally important, you cannot do good with other people's money unless you first get the money away from them. So that force - sending a policeman to take the money from somebody's pocket - is fundamentally at the basis of the philosophy of the welfare state.

There have been unions based on gold or silver, but not on fiat money - money tempted to inflate - put out by politically independent entities.

There is not a line in 'The Wealth of Nations' that is not still applicable to this day.

So long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.

Economic freedom is ... an indispensable means toward the achievement of political freedom.

Anybody who was easily converted was not worth converting.

To really understand something you've got to reduce it to its principles.