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Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
- — Thomas Sowell
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
A strong conviction that something must be done is the parent of many bad measures.
- — Daniel Webster
An economy breathes through its tax loopholes.
- — Barry Bracewell-Milnes
During times of universal deceit, telling the truth becomes a revolutionary act.
- — George Orwell
Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium.
- — Murray N. Rothbard
The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended.
- — Frédéric Bastiat
[...] if we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.
- — F.A. Hayek
From each as they choose, to each as they are chosen.
- — Robert Nozick
The only stable state is the one in which all men are equal before the law.
- — Aristotle
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