Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.

And where are you going to get these angels who are going to run society for us?

Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself ... Economic freedom is also an indispensable means toward the achievement of political freedom.

I believe that the monetary stability is an absolutely critical element in the satisfactory operation of a system.

If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.

The fall of the Berlin Wall really demonstrated beyond the shadow of a doubt that there was a bad system, and what subsequently happened in the Soviet Union, that that system was a failure.

Hell hath no fury like a bureaucrat scorned.