Quotable
  • Economics is the study of how societies use scarce resources to produce valuable goods and services and distribute them among different individuals.
      --Paul Samuelson and William Nordhaus
  • Money is like muck, not good except it be spread.
      --Francis Bacon
  • The great virtue of a free market system is that it..is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.
      --Milton Friedman
  • Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.
      --Frederic Bastiat
  • All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out.
      --Ludwig Von Mises
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