There are severe limits to the good that the government can do for the economy, but there are almost no limits to the harm it can do.

Undoubtedly Internet has reduced the possibilities of taxation. Why should I buy something here if I can buy it from a company in Japan or England or Brazil with a lower tax?

Hell hath no fury like a bureaucrat scorned.

Inflation is the one form of taxation that can be imposed without legislation.

The true test of any scholar's work is not what his contemporaries say, but what happens to his work in the next 25 or 50 years.

When something goes wrong, the natural tendency is to say, "By God, we need to pass a law and do something."

Unfortunately, unanimity is not always feasible.