War prosperity is like the prosperity that an earthquake or plague brings.
Nothing is easier than the expenditure of public money. It doesn’t appear to belong to anyone. The temptation is overwhelming to bestow it on somebody.
Perhaps one of the most important accomplishments of my administration has been minding my own business.
[T]here is a problem with utopia. It doesn’t exist. It never has, and it never will, at least not by human standards and by human hands.
The conventional view serves to protect us from the painful job of thinking.
During the course of administration, and in order to disturb it, the artillery of the press has been leveled against us, charged with whatsoever its licentiousness could devise or dare. These abuses of an institution so important to freedom and science are deeply to be regretted, inasmuch as they tend to lessen its usefulness and to sap its safety.
The advancement and diffusion of knowledge is the only guardian of true liberty.
Young people do not look with awe or a sense of wonder at an iPhone, a computer, or the incredible medical miracles happening every day. But they should. Our tremendous material wealth; extended life expectancy; falling infant mortality; and even our enjoyment of arts, culture, sports, and recreation are brought to us by freedom and the free market system.
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
To the students and faculty of our high school:
I am your new principal, and honored to be so. There is no greater calling than to teach young people.