Bureaucrats Denounce Private Enterprise For The Consequences

Need Is Not Demand. Effective Economic Demand Requires Not Merely Need But Corresponding Purchasing Power.

The State, Of Course, Is Absolutely Indispensable To The Preservation Of Law And Order, And The Promotion Of Peace And Social Cooperation. What Is Unnecessary And Evil, What Abridges The Liberty And Threatens The True Welfare Of The Individual, Is The State That Has Usurped Excessive Powers And Grown Beyond Its Legitimate Function - The Super-state, The Socialist State, The Redistributive State, In Brief, The Ironically Misnamed 'welfare State.'

Give Me The Clear Blue Sky Above My Head, And The Green Turf Beneath My Feet, A Winding Road Before Me, And A Three Hours' March To Dinner - And Then To Thinking!

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.

There Is A Profound Contrast Between The Effects Of Foreign Aid And Of Voluntary Private Investment: Foreign Aid Goes From Government To Government. It Is Therefore Almost Inevitably Statist And Socialistic.