“At most, large deficits impelled the Fed to support the market for government debt by purchasing more debt than it should have. The central bank, not the fiscal authorities, is the residual determiner of aggregate demand.” ~Alexander W. Salter
“No matter what your specialization, whether in economics or in any other field, Cowen has written a book which is trying to convince you to break out of your specialization and rediscover the broader world of ideas.” ~James Hartley
“One really has to question the motives of climate activists who oppose the expansion of natural gas and nuclear power. Do they want to see realistic and sustainable environmental improvement or are they after some other kind of payout?” ~Paul Mueller
“The underlying purpose of linguistic sabotage, logical incoherence aside, is to justify the power of a few. The actual meaning of an oxymoron like collective freedom, Hayek said, ‘is not the freedom of the members of society but the unlimited freedom of the planner to do with society what he pleases.'” ~Juliana Geran Pilon
“President Biden has maintained his predecessor’s duties on some $370 million worth of Chinese imports. Both national conservatives and liberal protectionists are dead wrong about tariffs and growth.” ~Tarnell Brown
“Any discussion of income inequality that fails to address whether the source added value for others or simply extracted unearned rents, is not merely incomplete, but misleading.” ~Robert Mulligan
“The status quo American foreign policy — based on a desire for American global primacy — does not adequately promote American interests or prosperity, and in fact harms both.” ~Andrew Byers
“The granting of monopolies was being abused by the crown, and parliament determined to do something about it. Over time, it became obvious that granting monopolies had an adverse impact on the English economy.” ~Will Sellers
“While both men won the Nobel Prize in economics – Hayek in 1974 and Friedman in 1976 – economists regard the scholarly work of Hayek as differing almost categorically from that of Friedman.” ~Donald J. Boudreaux
“Today, people are told they are victims or victimizers. Victims expect the government to remedy their grievances… The pursuit of social justice would undermine equal treatment under the law.” ~Barry Brownstein
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