If instead of looking at income, you look at levels of consumption, if anything that's become more equal. The fraction of families that have a dishwasher, that have a sewing machine, that have a television set. In respect to consumption, it's very hard to avoid the view that people have been getting more equal rather than more unequal.

Now that I'm 60, every morning I look in the mirror and say, "I don't know who you are, stranger, but I'm gonna shave you anyway".

The invisible hand in politics operates in the opposite direction to the invisible hand in the market.

I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior.

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

You can travel from one end of the industrialized world to the other and almost the only people you will find engaging in backbreaking toil are people who are doing it for sport. To find people whose day's toil has not been lightened by mechanical invention, you must go to the non-capitalist world.

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.