When you are young in this world, you believe that the class of deductive truths about social matters is larger than it turns out to be. [...] I have discovered, to my infinite regret, that most of the serious debates over the basic principles of any political order have an irreducible empirical content.

Securing, not prohibiting, the orderly transfer of wealth from A to B, based on wealth differentials, is the raison d'être of the [New Deal programs]. The contrast between the modern progressive and classical liberal agendas could not be more explicit.

When you are young in this world, you believe that the class of deductive truths about social matters is larger than it turns out to be. [...] I have discovered, to my infinite regret, that most of the serious debates over the basic principles of any political order have an irreducible empirical content.

One of the great weaknesses of standard libertarian theory is that it tends to push too hard by elevating presumptions into absolutes.

At bottom are only two pure forms of legislation - productive and redistributive.

The pillars of classical liberalism call for flat taxes, with revenues put to limited uses; strong property rights; and free markets.

America's greatness is due in no small measure to our system of government, in which power and authority are deliberately divided. The separation of powers is not a mere "technicality." It is the centerpiece of our Constitution. Our freedoms depend upon it in the future, just as they have in the past.