People with an investment in government power will torture logic like a medieval inquisitor rather than face the facts. ... There's a simple way to keep money out of politics: Keep politics out of our money.

We must acknowledge, of course, that what looks like failure to us Americans outside the privileged elite may not actually be failure for our overlords.

Freedom is never more in peril than when politicians feel the pressure to 'do something.'

We think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than that. Hundreds of millions of people buying and selling, and abstaining from buying and selling, generate a system of signals - prices to producers and consumers about relative scarcities and demand. Through this system, consumers can convey to producers their subjective priorities and entrepreneurs can invest accordingly.

The draft is a monstrous violation of individual liberty, and even a good motive cannot make it otherwise. In a free society no one should be compelled to take up arms, or be forced to kill or risk being killed... But who can blame prospective volunteers from doubting that there is a threat from Iraq? The Bush administration has yet to make a persuasive argument to that effect.

Government interference with the economic process represents a substitution of political for consumer objectives.

Government spending reduces the capital that could be invested to serve consumers and to produce new employment opportunities.