Never Try To Walk Across

The Only Way That Has Ever Been Discovered To Have A Lot Of People Cooperate Together Voluntarily Is Through The Free Market. And That's Why It's So Essential To Preserving Individual Freedom.

My Major Problem With The World Is A Problem Of Scarcity In The Midst Of Plenty ... Of People Starving While There Are Unused Resources ... People Having Skills Which Are Not Being Used.

The Key Insight Of Adam Smith's Wealth Of Nations Is Misleadingly Simple: If An Exchange Between Two Parties Is Voluntary, It Will Not Take Place Unless Both Believe They Will Benefit From It. Most Economic Fallacies Derive From The Neglect Of This Simple Insight, From The Tendency To Assume That There Is A Fixed Pie, That One Party Can Gain Only At The Expense Of Another.

There Are Severe Limits To The Good That The Government Can Do For The Economy, But There Are Almost No Limits To The Harm It Can Do.

The Strongest Argument For Free Enterprise Is That It Prevents Anybody From Having Too Much Power. Whether That Person Is A Government Official, A Trade Union Official, Or A Business Executive. If Forces Them To Put Up Or Shut Up. They Either Have To Deliver The Goods, Produce Something That People Are Willing To Pay For, Are Willing To Buy, Or Else They Have To Go Into A Different Business.