There Can Be Little Doubt

Precisely Because The State Has The Monopoly Of Coercion It Can Be Allowed The Monopoly Only Of Coercion. Only If The Modern State Can Be Held Within A Strictly Limited Agency Of Duties And Powers Can It Be Prevented From Regimenting, Conquering, And Ultimately Devouring The Society Which Gave It Birth.

The Envious Are Not Satisfied With Equality; They Secretly Yearn For Superiority And Revenge. In The French Revolution Of 1848, A Woman Coal-heaver Is Said To Have Remarked To A Richly Dressed Lady: 'yes, Madam, Everything's Going To Be Equal Now; I Shall Go In Silks And You'll Carry Coal.'

One Of The Worst Features Of All The Plans For Sharing Wealth And Equalizing Or Guaranteeing Incomes Is That They Lose Sight Of The Conditions And Institution S That Are Necessary To Create Wealth And Income In The First Place.

Inflation Is Not Only Unnecessary For Economic Growth. As Long As It Exists It Is The Enemy Of Economic Growth.

Relief, Or Redistribution Of Income, Voluntary Or Coerced, Is Never The True Solution Of Poverty, But At Best A Makeshift, Which May Mask The Disease And Mitigate The Pain, But Provides No Basic Cure.