When Something Goes Wrong, The Natural Tendency

Rapid Increases In The Quantity Of Money Produce Inflation. Sharp Decreases Produce Depression.

They Think That The Cure To Big Government Is To Have Bigger Government... The Only Effective Cure Is To Reduce The Scope Of Government - Get Government Out Of The Business.

On Aging Societies, There Is No Reason Why A Country That Has A Lot Of Old People Can't Be Prosperous If, During Their Working Lives, Individuals Provide For Their Retirement.

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.

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.