“All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come from figuring out how to produce more goods with fewer workers, thereby releasing labor to be more productive in other areas. It has never come about through permanent unemployment, but temporary unemployment, in the process of shifting people from one area to another.” PeopleMadeLastsProcessProgressCenturyProduceCoupleAreasEconomicsLaborWorkersPermanentProductiveGoodsTemporaryFewerUnemploymentShifting Author:Milton Friedman
“Pollution and overuse of resources stem directly from the failure of government to defend private property. If property rights were to be defended adequately, we would find that here, as in other areas of our economy and society, private enterprise and modern technology would come not as a curse to mankind but as its salvation.” IfsGovernmentTechnologyEconomyRightsModernMankindResourcesAreasEconomicsSalvationPropertyCurseEnterprisePollutionStemPrivate PropertyProperty RightsPrivate EnterpriseModern Technology Author:Murray Rothbard
“I have an economics degree with a minor in sociology. The reason I have that is because I want to do a ministry in urban areas and help with underprivileged kids.” WantReasonHelpingKidsDegreesAreasEconomicsMinistryMinorsUrbanSociologyUnderprivilegedUrban Areas Author:Jeremy Lin
“I do agree that the science is not settled on this. The idea we would put Americans' economy in jeopardy based on scientific theory that is not settled yet to me is nonsense. Just because you have a group of scientists who stood up and said this is the fact... Galileo got outvoted for a spell. To put Americans' economic future in jeopardy, asking us to cut back in areas that would have monstrous economic impact on this country is not good economics and I would suggest is not necessarily good science.” SaidIdeasCountryFactsAmericaEconomyCuttingGroupsCrazyEconomicTheoryAreasEconomicsScientistAskingAgreeImpactNonsenseSpellsMonstrousStood UpJeopardyScientific TheoryGood Science Author:Rick Perry
“Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.” PeoplePoliticalLibertyEconomicEssentialsAreasEconomicsLibertarianLibertarianismCoercionPolitical PowerEnablingEconomic FreedomPolitical Freedom Book:Free to Choose: A Personal Statement Source: Free to Choose: A Personal Statement