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“In retrospect, 2021 looks more and more like 1979. Here are 21 noteworthy data points–prices, percentages, dates and other forms of quantitative information–that highlight or exemplify certain developments in 2021, the second year of the pandemic.” ~ Peter C. Earle
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“Real-world complications highlight the limits of applying the basic idea of trade-offs in economics, but even with these complications, understanding this one basic economic principle offers powerful insights into consumer choice, economic growth, and international trade.” ~ Robert F. Mulligan
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“A revolution in entrepreneurship – subversive innovation – is the tip of the spear for societal change. Never forget that you are launching your attack from the highest moral high ground of all: consent. Your enemies will have to fight you from the low perch of compulsion.” ~ Max Borders
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“We all know it’s impossible in life to be sure that anything is perfectly safe and there’s nothing wrong with assuming the risk of certain activities when we understand what we’re getting into.” ~ Aron Solomon
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“Frederic Bastiat advocated a government that, by focusing narrowly on ensuring that individuals ‘did not encroach on the freedom of others,’ guarantees citizens the ability to ‘fully and completely enjoy the free exercise of his or her physical, mental, and moral faculties.'” ~ Gary M. Galles
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“Adjustments of money prices are the easiest and most obvious way of causing each other to overlook goods’ and services’ non-monetary aspects that would otherwise reduce the amount of mutually advantageous exchange that occurs.” ~ Donald J. Boudreaux
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“Let us hope that one day proponents of communism can find it within themselves to finally listen to Mises and Hayek, free themselves from the chains of planning, and embrace what is truly radical: free markets and a free society.” ~ Kenneth Kalczuk
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“All we know is that for people of all stripes around the world, there’s an American inside many of them just bursting to flower. Roman Kaplan’s beautiful life is a reminder that we erect barriers to very American people the world over to our detriment.” ~ John Tamny
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“Senator Warren would probably be surprised (perhaps even horrified) to find that one of the great exponents of Public Choice Theory agrees with her that federal student aid programs are regressive.” ~ George Leef
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“Our lack of humility about what we can know and the worth of our value judgments in transforming reality is a problem in public life. Just about everyone would be better off if we had more contemplative realists like Hayek and Voegelin and fewer political activists.” ~ Todd Myers
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“If we are lucky, this documentary and Riley’s biography will be part of the necessary and overdue work of rectifying the oversight. I suppose I owe my aunt an apology.” ~ Thomas Chatterton Williams
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“Let lovers of liberty resolve this New Year to turn against collectivist groupthink and return to the basic principles of economics and common sense that made America’s first 245.5 years relatively happy and prosperous.” ~ Robert E. Wright
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