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

How can thinking people believe that a government that cannot deliver the mail can deliver gas better than Exxon, Mobil, Texaco, Gulf, and the rest?

Reality ensures that the end of history will never come.

The combination of economic and political power in the same hands is a sure recipe for tyranny.

The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.

You never can cure poverty. Poverty is in the eye of the beholder.

I'm not in favor of no government. You do need a government. But by doing so many things that the government has no business doing, it cannot do those things which it alone can do well. There's no other institution in my opinion that can provide us with protection of our life and liberty. However, the government performs that basic function poorly today, precisely because it is devoting too much of its efforts and spending too much of our income on things which are harmful. So I have no doubt that that's the major single problem we face.