“History, practical experience, common sense and economic theory all agree: economic competition is probably one of the greatest ideas humans ever came up with. When people compete to achieve the same goal, great things seem to happen that otherwise would not. Things get done faster, cheaper, and better; new methods for lifting a weight or quenching a thirst are invented; the average guy ends up with more of the stuff he likes at a lower price than before. That is why, in the end, socialism collapsed like a rotten wall: it did not allow its people to compete and, as a result, it not only made their economic life miserable, but strangled their hearts and souls.”
“Economics is the art of allocating scarce goods among competing demands. The conceit of Marxism was the thought that in Communism, economics would be "abolished"; this was why one did not have to think about the questions of relative privilege and social justice. But the point is that we still have to think about economics, and probably always will. The question, then, is whether we can arrive at a set of normative rules which seek to protect liberty, reward achievement and enhance the social good, within the constraints of "economics".”
“The ultimate ends of the activities of reasonable beings are never economic. Money is one of the greatest instruments of freedom ever invented by man.”
“The great fault of modern democracy -- a fault that is common to the capitalist and the socialist -- is that it accepts economic wealth as the end of society and the standard of personal happiness....The great curse of our modern society is not so much lack of money as the fact that the lack of money condemns a man to a squalid and incomplete existence. But even if he has money, and a great deal of it, he is still in danger of leading an incomplete and cramped life, because our whole social order is directed to economic instead of spiritual ends. The economic view of life regards money as equivalent to satisfaction. Get money, and if you get enough of it you will get everything else that is worth having. The Christian view of life, on the other hand, puts economic things in second place. First seek the kingdom of God, and everything else will be added to you. And this is not so absurd as it sounds, for we have only to think for a moment to realise that the ills of modern society do not spring from poverty in fact, society today is probably richer in material wealth than any society that has ever existed. What we are suffering from is lack of social adjustment and the failure to subordinate material and economic goods to human and spiritual ones.”
“If we put our trust in the common sense of common men and 'with malice toward none and charity for all' go forward on the great adventure of making political, economic and social democracy a practical reality, we shall not fail.”
“Faith is a great thing, and really religious people would like us to believe that faith and knowing are the same thing, but I don't believe that myself. Because there are too many different ideas on the subject. What we know is this: When we die, one of two things happens. Either our souls and thoughts somehow survive the experience of dying or they don't. If they do, that opens up every possibility you could think of. If they don't, it's just blotto. The end.”