Few Trends Could So Thoroughly Undermine The

In Response To A Suggestion That Total Free Trade Would End In Cheaper Foreign Products Flooding The Market And Causing Unemployment.

To The Free Man, The Country Is The Collection Of Individuals Who Compose It, Not Something Over And Above Them... He Recognizes No National Goal Except As It Is The Consensus Of The Goals That The Citizens Severally Serve. He Recognizes No National Purpose Except As It Is The Consensus Of The Purposes For Which The Citizens Severally Strive.

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. And The Thing That I Will Really Be Proud Of Is If Some Of The Work I Have Done Is Still Cited In The Text Books Long After I Am Gone.

With Some Notable Exceptions, Businessmen Favor Free Enterprise In General But Are Opposed To It When It Comes To Themselves.

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.