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Gold would have value if for no other reason than that it enables a citizen to fashion his financial escape from the state.

— William F. Rickenbacker



Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one’s government is not necessarily to secure freedom.

— F.A. Hayek



If we can prevent the government from wasting the labors of the people under the pretense of taking care of them, they must become happy.

— Thomas Jefferson



Power tends to corrupt, and absolute power corrupts absolutely.

— Lord Acton



When you look into all this bizarre activity of the European Union with its 80,000 pages of regulations it looks like Gosplan. We used to have an organisation which was planning everything in the economy, to the last nut and bolt, five years in advance. Exactly the same thing is happening in the EU.

— Vladimir Bukovsky



All socialism involves slavery.

— Herbert Spencer



Inflation has been irresistibly attractive to sovereigns because it is a hidden tax that at first appears painless or even pleasant... It is truly taxation without representation.

— Milton Friedman



Only where we ourselves are responsible for our own interests and are free to sacrifice them has our decision moral value. We are neither entitled to be unselfish at someone else’s expense nor is there any merit in being unselfish if we have no choice. The members of a society who in all respects are made to do the good thing have no title to praise.

— F.A.Hayek



The conception that government should be guided by majority opinion makes sense only if that opinion is independent of government. The ideal of democracy rests on the belief that the view which will direct government emerges from an independent and spontaneous process. It requires, therefore, the existence of a large sphere independent of majority control in which the opinions of the individuals are formed.

— F.A. Hayek



Common sense is not so common.

— Voltaire