Government spending either is completely wasteful, merely transfers income, purchases an intermediate rather than a final good, or purchases valuable final services whose value cannot be ascertained because the transaction is not made by private parties exchanging their own resources in a market setting.

True counselors of despair are those who hope against hope—and historical experience—that the government can and will act constructively.

Without popular fear, no government would endure more than twenty-four hours.

The state is the most destructive institution human beings have ever devised - a fire that, at best, can be controlled for only a short time before it o'erleaps it's improvised confinements and spreads its flames far and wide.

When American presidents prepare for foreign wars, they lie.

Notwithstanding what some regard as the institutionalization of compassion, the transfer society quashes genuine virtue. Redistribution of income by means of government coercion is a form of theft. Its supporters attempt to disguise its essential character by claiming that democratic procedures give it legitimacy, but this justification is specious. Theft is theft, whether it be carried out by one thief or by a hundred million thieves acting in concert. And it is impossible to found a good society on the institutionalization of theft.

The legacy of the New Del was, more than anything else, a matter of ideological change. Henceforth, nearly everyone would look to the federal government for solutions to problems great and small, real and imagined, personal as well as social.