The long-range sloution to high unemployment is to increase the incentive for ordinary people to save, invest, work, and employ others. We make it costly for employers to employ people; we subsidize people not to go to work We have a system that increasingly taxes work and subsidizes nonwork.

I say thank God for government waste. If government is doing bad things, it's only the waste that prevents the harm from being greater.

Government is a way by which every individual believes he can live at the expense of everybody else.

There's nothing that does so much harm as good intentions.

I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression.

You never have real changes unless you have a time of crisis.

The only relevant test of the validity of a hypothesis is comparison of prediction with experience.