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

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

Corruption is government intrusion into market efficiencies in the form of regulations.

It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis.

Inflation is taxation without legislation.

Politicians will always spend every penny of tax raised and whatever else they can get away with.

My interest in political philosophy was rather casual until I met Hayek.