Capitalism, after all, is no fun when real failure becomes a possibility.
Freedom, inefficiency, and prosperity are not in it frequently found together, and it is seldom easy to distinguish between the first two.
the decisive movement toward corporate capitalism began in 1895-1896.
The free market is not a system. It is not a policy dictated by anyone in particular. It is not something that Washington implements. It does not exist in any legislation, law, bill, regulation, or bo...
Implicit in the stare of those eyes, the power of those knobbly hands, was labor's historic threat of violence against capital.
When they first emerged in their present shape around the turn of the 18th century, the so-called humane disciplines had a crucial social role. It was to foster and protect the kind of values for whic...
Here is a principle to use in all aspects of economics and policy. When you find a good or service that is in huge demand but the supply is so limited to the point that the price goes up and up, look...
As a means of alleviating poverty, Christian charity was worse than useless, as could be seen in the Papal states, which abounded in it. But it was popular not only among the traditionalist rich, who...
Capitalism invariably boils down to barter between two willing parties, neither of whom uses force to work with the other.
Socialism, or communism as it is sometimes called, is merely a secular religion, where the State becomes a god.
Whenever you see a successful business, someone once made a courageous decision.
Don't gamble take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
After all, if you do not resist the apparently inevitable, you will never know how inevitable the inevitable was.
For capitalism to develop, customary ties between people and the land must be severed, and communal obligations among people disrupted.
...capitalism is too important and complex a subject to be left to economists. Achieving a critical comprehension of it requires perspectives beyond those characteristic of modern economics. That is w...
Making universal prosperity a right is the surest way to universal poverty.
Somebody said to me, 'But the Beatles were anti-materialistic.' That's a huge myth. John and I literally used to sit down and say, 'Now, let's write a swimming pool.
While boasting of our noble deeds we're careful to concealthe ugly fact that by an iniquitous money system we havenationalized a system of oppression which, though more refined,is not less cruel than...
Price controls almost invariably produce black markets, where prices are not only higher than the legally permitted prices, but also higher than they would be in a free market, since the legal risks m...
We're sorry. It's not us. It's the monster. The bank isn't a man. The bank isn't like a man.Yes, but the bank is only made of men.