Freedom Means Diversity But Also Mobility. It

If A Tax Cut Increases Government Revenues, You Haven't Cut Taxes Enough.

The Key Insight Of Adam Smith's Wealth Of Nations Is Misleadingly Simple: If An Exchange Between Two Parties Is Voluntary, It Will Not Take Place Unless Both Believe They Will Benefit From It. Most Economic Fallacies Derive From The Neglect Of This Simple Insight, From The Tendency To Assume That There Is A Fixed Pie, That One Party Can Gain Only At The Expense Of Another.

Only A Crisis—actual Or Perceived—produces Real Change. When That Crisis Occurs, The Actions That Are Taken Depend On The Ideas That Are Lying Around.

It All Would Have Been Much Better If Individuals Saved For Their Own Old Age.

Most Economic Fallacies Derive From The Tendency To Assume That There Is A Fixed Pie, That One Party Can Gain Only At The Expense Of Another.