Humility is the distinguishing virtue of the believer in freedom; arrogance, of the paternalist.

Germany has a very able and productive workforce. It has high-quality products that are valued all over the world. It has every opportunity to be a productive, growing state. It just has to give its entrepreneurs a chance. It has to let them make money, hire and fire, and act like entrepreneurs.

A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.

Congress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay

Is it really true that political self-interest is nobler somehow than economic self-interest?

The most important single central fact about a free market is that no exchange takes place unless both parties benefit.

What would the people who sold us goods do with the money? They'd get dollars. What would they do with the dollars? Eat them?!