People who intend only to seek their own benefit are “led by an invisible hand to serve a public interest which was no part of” their intention. I say that there is a reverse invisible hand: People who intend to serve only the public interest are led by an invisible hand to serve private interests which was no part of their intention.

Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.

If you cannot state a proposition clearly and unambiguously, you do not understand it.

If China don't free up the political side, its economic growth will come to an end - while it is still at a very low level.

The argument for collectivism is simple; free market is not.

Is it really true that political self-interest is nobler somehow than economic self-interest?

We don't have a desperate need to grow. We have a desperate desire to grow.