“New Dealers always seemed to be comparing actual capitalism with ideal government. They judged capitalism by its apparent effects and government by its announced intentions”
“David Lawrence, founder of US News & World Report, warned, "Confiscation of wealth may satisfy the vengeful in us. It may sooth a retaliatory spirit. But it is the path of national suicide...There must always be the reward motive. To many people it is but another way to set goals of human ambition...When government kills the opportunity to earn, it sounds the death knell of the opportunity to serve.”
“Although the United States, with its unit banking laws, had thousands of bank failures, Canada, which permitted branch banking, didn't have a single failure during the Great Depression.”
“I think I have changed," I said."I think changes have happened to you," said Kristin. "But that is not the same thing...”
“It's a sad day for American Capitalism when a man can't fly a midget on a kite over central park.”
“private loans will utilize existing resources and capital far better than government loans. Government loans will waste far more capital and resources than private loans. Government loans, in short, as compared with private loans, will reduce production, not increase it.”
“As a rule, capitalism is blamed for the undesired effects of a policy directedat its elimination. The man who sips his morning coffee does not say, "Capitalism has brought this beverage to my breakfast table." But when he reads in the papers that the government of Brazil has ordered part of the coffee crop destroyed, he does not say, "That is government for you"; he exclaims, "That is capitalism for you.”