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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
One man's opportunism is another man's statesmanship.
Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Is it really true that political self-interest is nobler somehow than economic self-interest?
Inflation is the one form of taxation that can be imposed without legislation.
Inflation is taxation without legislation.
I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
Hell hath no fury like a bureaucrat scorned.
Governments never learn. Only people learn.
Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.
Concentrated power is not rendered harmless by the good intentions of those who create it.
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