There's No Such Thing As A Free

There's No Such Thing As A Free Lunch.

Germany's Problem, In Part, Is That It Went Into The Euro At The Wrong Exchange Rate That Overvalued The Deutsche Mark.

The True Test Of Any Scholar's Work Is Not What His Contemporaries Say, But What Happens To His Work In The Next 25 Or 50 Years.

With Respect To Teachers' Salaries .... Poor Teachers Are Grossly Overpaid And Good Teachers Grossly Underpaid. Salary Schedules Tend To Be Uniform And Determined Far More By Seniority.

The Great Depression Was Not A Sign Of The Failure Of Monetary Policy Or A Result Of The Failure Of The Market System As Was Widely Interpreted. It Was Instead A Consequence Of A Very Serious Government Failure, In Particular A Failure In The Monetary Authorities To Do What They'd Initially Been Set Up To Do.