Deception is one of the quickest ways to gain little things and lose big things.

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work.

What does 'economic justice' mean, except that you want something that someone else produced, without having to produce anything yourself in return?

Someone once said that taxes are the price we pay for civilization. That may have been true when he said it, but today taxes are mostly the price we pay so that politicians can play Santa Claus and get reelected.

To say the Constitution is living is to say that it's dead.