Socialists Will Often Talk As

Diluting The Money Supply With Paper Is The Moral Equivalent Of Diluting The Milk Supply With Water.

You Cannot Make A Man Worth A Given Amount By Making It Illegal For Anyone To Offer Him Anything Less. You Merely Deprive Him Of The Right To Earn The Amount That His Abilities And Situation Would Permit Him To Earn, While You Deprive The Community Even Of The Moderate Services That He Is Capable Of Rendering. In Brief, For A Low Wage You Substitute Unemployment. You Do Harm All Around, With No Comparable Compensation.

The Art Of Economics Consists In Looking Not Merely At The Immediate But At The Longer Effects Of Any Act Or Policy; It Consists In Tracing The Consequences Of That Policy Not Merely For One Group But For All Groups.

A Man With A Scant Vocabulary Will Almost Certainly Be A Weak Thinker. The Richer And More Copious One's Vocabulary And The Greater One's Awareness Of Fine Distinctions And Subtle Nuances Of Meaning, The More Fertile And Precise Is Likely To Be One's Thinking. Knowledge Of Things And Knowledge Of The Words For Them Grow Together. If You Do Not Know The Words, You Can Hardly Know The Thing.

The Surest Way For A Poor Nation To Stay Poor Is To Harass, Hobble, And Straitjacket Private Enterprise Or To Discourage Or Destroy It By Subsidized Government Competition, Oppressive Taxation, Or Outright Expropriation.