The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the "rule of the game" and as an umpire to interpret and enforce the rules decided on.

Inflation is a monetary phenomenon. It is made by or stopped by the central bank.

How did we make the transition from using wood to using coal, from using coal to using oil, from using oil to using natural gas? How in God's name did we make that transition without a Federal Energy Agency?

Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems.

Statistics do not speak for themselves.

The fall of the Berlin Wall did more for the progress of freedom than all of the books written by myself or Friedrich Hayek or others.

There's no such thing as a free lunch.