“What is a price? It is a proposed point of agreement between a buyer and seller. The proposal is the key. It is not a marching order. Past prices represent deals done in history. Current prices represent possible deals in the future. Prices embed vast information about perceived realities: resource availability, consumer demand, cultural biases and habits, speculations about the future. The price is also an amazing tool. It provides an objective basis for accounting and the assessment of profit and loss. Without prices, real prices rooted in real market experience, we’d been lost.”

“What is a price? It is a proposed point of agreement between a buyer and seller. The proposal is the key. It is not a marching order. Past prices represent deals done in history. Current prices represent possible deals in the future. Prices embed vast information about perceived realities: resource availability, consumer demand, cultural biases and habits, speculations about the future. The price is also an amazing tool. It provides an objective basis for accounting and the assessment of profit and loss. Without prices, real prices rooted in real market experience, we’d been lost.”

“Beautiful, seamless upgrade from Twitter today, making functionality smoother and cooler. We didn't have to lobby, didn't have to beg, didn't have to elect a new leader, didn't have to push or protest. Progress is built in to the structure of the mechanism itself: this company exists to please you and me. This is a far better system than any political system on earth.”

“The problems in every country are the same. Bureaucracy is strangling innovation. Overgrown political sectors are sucking away resources that could otherwise lead to growth. Regulations and taxes are punishing innovation. Public sector services are breaking down and no longer serving people's needs. Laws and prevailing legislation control a world that no longer exists. People who go into politics to change the system end up getting co-opted by it. Workers feel trapped and fear a lack out options outside the status quo. In every case, it comes down to the great evil of our time and all times: government itself. There is no place on earth in which more liberty and less or no government would not be welcome and bring about real progress.”

“80s music sounds so 80s now. But in the 80s, it just sounded like music.”

“A person who says “every person has a right to a decent education” may not actually mean “people should be robbed to support bad schools” or “all children should be forced into a prison-like building for 12 years.”

“The goal of intellectual life should be to see and understand what is true, not merely to adhere to a prevailing orthodoxy.”

“Freedom is the foundation for all wonderful things in life.”

“Government is a gang, but not merely as meritorious as a private gang because it claims legal legitimacy. It pillages and uses violence but under the cover of law, and seeks legitimacy not through competition but through the myth of the social contract.”

“The free market is not a system. It is not a policy dictated by anyone in particular. It is not something that Washington implements. It does not exist in any legislation, law, bill, regulation, or book. It is what you get when people act on their own, entirely without central direction, and with their own property, and within human associations of their own creation and in their own interest. It is the beauty that emerges in absence of control.”

“What is a price? It is a proposed point of agreement between a buyer and seller. The proposal is the key. It is not a marching order. Past prices represent deals done in history. Current prices represent possible deals in the future. Prices embed vast information about perceived realities: resource availability, consumer demand, cultural biases and habits, speculations about the future. The price is also an amazing tool. It provides an objective basis for accounting and the assessment of profit and loss. Without prices, real prices rooted in real market experience, we’d been lost.”

“Someone asked me the other day if I believe in conspiracies. Well, sure. Here's one. It is called the political system. It is nothing if not a giant conspiracy to rob, trick and subjugate the population.”