Every Businessman Is In Favor Of Freedom

The Economic Miracle That Has Been The United States Was Not Produced By Socialized Enterprises, By Government-unon-industry Cartels Or By Centralized Economic Planning. It Was Produced By Private Enterprises In A Profit-and-loss System. And Losses Were At Least As Important In Weeding Out Failures, As Profits In Fostering Successes. Let Government Succor Failures, And We Shall Be Headed For Stagnation And Decline.

The Collapse Of Communism In Essence Added Tens And Tens Of Millions Of People To The World Labor Supply, And The People Who Were Added Had Previously Been Getting Very Low Income, But They Were Not Unskilled. Many Of Them Were Fairly Well Educated.

In A Bureaucratic System, Useless Work Drives Out Useful Work.

The Soviet Experience Was Much Worse Than Experts In The West Had Thought. That Discovery Had A Tremendous Impact Both On The Intellectual Community And On The Public At Large.

The Internet Is The Most Effective Instrument We Have For Globalization.