Never try to walk across a river just because it has an average depth of four feet.

A real gold standard is thoroughly consistent with [classical] liberal principles and I, for one, am entirely in favor of measures promoting its development.

If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.

There's a smokestack on the back of every government program.

The way you solve things is by making it politically profitable for the wrong people to do the right thing.

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

The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.