The Only Way Government Bureaucrats Know Of

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.

A Vital Function Of The Free Market Is To Penalize Inefficiency And Misjudgment And To Reward Efficiency And Good Judgment. By Distorting Economic Calculations And Creating Illusory Profits, Inflation Will Destroy This Function.

Economic Progress And Justice Do Not Consist In Superbly Equalized Destitution, But In The Constant Creation Of More And More Goods And Services, Of More And More Wealth And Income To Be Shared.

The Great Merit Of Gold Is Precisely That It Is Scarce; That Its Quantity Is Limited By Nature; That It Is Costly To Discover, To Mine, And To Process; And That It Cannot Be Created By Political Fiat Or Caprice.

There Is No More Certain Way To Deter Employment Than To Harass And Penalize Employers.