Hell Hath No Fury Like

You Know There Are Very Few Marxists Left In The World... They're All In American Universities.

People Who Intend Only To Seek Their Own Benefit Are “led By An Invisible Hand To Serve A Public Interest Which Was No Part Of” Their Intention. I Say That There Is A Reverse Invisible Hand: People Who Intend To Serve Only The Public Interest Are Led By An Invisible Hand To Serve Private Interests Which Was No Part Of Their Intention.

Adam Smith's Key Insight Was That Both Parties To An Exchange Can Benefit And That, So Long As Cooperation Is Strictly Voluntary, No Exchange Can Take Place Unless Both Parties Do Benefit.

Inflation Is Always And Everywhere A Monetary Phenomenon In The Sense That It Is And Can Be Produced Only By A More Rapid Increase In The Quantity Of Money Than In Output.

There Is Still A Tendency To Regard Any Existing Government Intervention As Desirable, To Attribute All Evils To The Market, And To Evaluate New Proposals For Government Control In Their Ideal Form, As They Might Work If Run By Able, Disinterested Men Free From The Pressure Of Special Interest Groups.