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Friedrich A. Hayek
“Our faith in freedom does not rest on the foreseeable results in particular circumstances but on the belief that it will, on balance, release more forces for the good than for the bad.”
Friedrich A. Hayek

Adam Smith
“The interest of [businessmen] is always in some respects different from, and even opposite to, that of the public ... The proposal of any new law or regulation of commerce which comes from this order ... ought never to be adopted, till after having been long and carefully examined ... with the most suspicious attention. It comes from an order of men ... who have generally an interest to deceive and even oppress the public”
Adam Smith, An inquiry into the nature and causes of the wealth of nations. Volume 1 of 2

Milton Friedman
“Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.”
Milton Friedman

Friedrich A. Hayek
“The curious task of economics is to demonstrate to men how little they really know about what they imagine the can design.”
F. A. Hayek, The Fatal Conceit: The Errors of Socialism

Christopher Marlowe
“Pluck up your hearts, since fate still rests our friend.”
Christopher Marlowe

year in books
Michele...
497 books | 41 friends

Nicolas
3,067 books | 25 friends

Caleb
187 books | 52 friends

Scott
0 books | 21 friends





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