Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

Most economic fallacies derive - from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another

One man's opportunism is another man's statesmanship.

The only relevant test of the validity of a hypothesis is comparison of prediction with experience.

The most important single central fact about a free market is that no exchange takes place unless both parties benefit.

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.