Need Is Not Demand. Effective

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.

The Mounting Burden Of Taxation Not Only Undermines Individual Incentives To Increased Work And Earnings, But In A Score Of Ways Discourages Capital Accumulation And Distorts, Unbalances, And Shrinks Production.

Today Is Already The Tomorrow Which The Bad Economist Yesterday Urged Us To Ignore.

The Bad Economist Sees Only What Immediately Strikes The Eye; The Good Economist Also Looks Beyond. The Bad Economist Sees Only The Direct Consequences Of A Proposed Course; The Good Economist Looks Also At The Longer And Indirect Consequences. The Bad Economists Sees Only What The Effect Of A Given Policy Has Been Or Will Be On One Particular Group; The Good Economist Inquires Also What The Effect Of The Policy Will Be On All Groups

When The Government Makes Loans Or Subsidies To Business, What It Does Is To Tax Successful Private Business In Order To Support Unsuccessful Private Business.