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Free To Choose:

The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.
Alexis de Tocqueville

Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.
Alexis de Tocqueville

Experience teaches us to be most on our guard to protect liberty when the government’s purposes are beneficent.

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” 
 Henry Ford

“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” 
 Thomas Jefferson

“If there must be trouble, let it be in my day, that my child may have peace.” 
 Thomas Paine

“I predict future happiness for Americans, if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” 
 Thomas Jefferson
 “When injustice becomes law, resistance becomes duty.” 
 Thomas Jefferson

“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” 
 Thomas Jefferson

 

The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion — policemen, customs guards, penal courts, prisons, in some countries even executioners — had to be put into action in order to destroy the gold standard. Solemn pledges were broken, retroactive laws were promulgated, provisions of constitutions and bills of rights were openly defied. And hosts of servile writers praised what the governments had done and hailed the dawn of the fiat-money millennium.

Source: The Theory of Money

 

The classical or orthodox gold standard alone is a truly effective check on the power of the government to inflate the currency. Without such a check all other constitutional safeguards can be rendered vain.

Source: The Theory of Money and Credit

 

The greatest dangers to liberty lurk in the insidious encroachment by men of zeal, well meaning but without understanding.
Louis D. Brandeis

Our government… teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.
Louis D. Brandeis

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
Milton Friedman

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
Milton Friedman

We have a system that increasingly taxes work and subsidizes nonwork.
Milton Friedman

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Winston Churchill

Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.
Winston Churchill

The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
Winston Churchill

If you would only recognize that life is hard, things would be so much easier for you.
Louis D. Brandeis

 

 

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