The organization of economic activity through voluntary exchange presumes that we have provided, through government, for the maintenance of law and order to prevent coercion of one individual by another, the enforcement of contracts voluntarily entered into, the definition of the meaning of property rights, the interpretation and enforcement of such rights, and the provision of a monetary framework.
Milton FriedmanRelated topics
activity coercion definition enforcement exchange framework government individual interpretation law maintenance meaning order organization property provision voluntaryRelated quotes
I have lived with my conscience and my own memories for over quarter of a century since the events of 1973.... These are not easy reflections for me. But I am at peace with myself, and with the Chilean people, about what happened. I am clear in my mind that the return to Chile of true democracy, and from that the true freedom to which all individual people are entitled, could not have been achieved without the removal of the Marxist government.
Augusto Pinochet
I am a Republican because I believe in the constitution, strength in national defense, limited government, individual freedom, and personal responsibility as the concrete foundation for American government. They reinforce the resolve that the United States is the greatest country in the world and we can all be eternally grateful to our founding fathers for the beautiful legacy they left us today.
Martha Raye
It is equally clear that a government must govern, must prescribe and enforce laws within its sphere or cease to be a government. Moreover, the individual must be independent and free within his own sphere or cease to be an individual. The fundamental question was then, is now, and always will be through what adjustments, by what actions, these principles may be applied.
Calvin Coolidge
I've seen a lot of patriots and they all died just like anybody else if it hurt bad enough and once they were dead their patriotism was only good for legends it was bad for their prose and made them write bad poetry. If you are going to be a great patriot i.e. loyal to any existing order of government (not one who wishes to destroy the existing for something better) you want to be killed early if your life and works won't stink.
Ernest Hemingway
I am sure that entering the exchange rate mechanism was absolutely right and is still right. I regret that we did not do so five years earlier, but that is history. Economic monetary union must come as soon as possible, and with it the single currency. Industry wants the single currency, and we must pay attention to the requests and demands of industry.
Edward Heath
