A Day Never Passes Without

The Proposal Is Frequently Made That The Government Ought To Assume The Risks That Are "too Great For Private Industry." This Means That Bureaucrats Should Be Permitted To Take Risks With The Tax Payer's Money That No One Is Willing To Take With His Own.

The Government Has Nothing To Give To Anybody That It Doesn't First Take From Someone Else.

Contrary To Age-old Prejudices, The Wealth Of The Rich Is Not The Cause Of The Poverty Of The Poor, But Helps To Alleviate That Poverty.

The More Things A Government Undertakes To Do, The Fewer Things It Can Do Completely. When The Government Tries To Do Everything It Must Do Everything Badly.

In A Free Enterprise System, With An Honest And Stable Money, There Is Dominantly A Close Link Between Effort And Productivity, On The One Hand, And Economic Reward On The Other. Inflation Severs This Link. Reward Comes To Depend Less And Less On Effort And Production, And More And More On Successful Gambling And Luck.