The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measur… - Milton Friedman

The majority does rule. But it is a rather special kind of majority. It consists of a coalition of special interest minorities. The way to get elected to Congress is to collect groups of, say, 2 or 3 percent of your constituents, each of which is strongly interested in one special issue that hardly concerns the rest of your constituents. Each group will be willing to vote for you if you promise to back its issue regardless of what you do about other issues. Put together enough such groups and you will have a 51 percent majority. That is the kind of logrolling majority that rules the country.

One reason inflation is so destructive is because some people benefit greatly while other people suffer; society is divided into winners and losers. The winners regard the good things that happen to them as the natural result of their own foresight, prudence, and initiative. They regard the bad things, the rise in the prices of the things they buy, as produced by forces outside their control. Almost everyone will say that he is against inflation; what he generally means is that he is against the bad things that have happened to him.

The government solution to a problem is usually as bad as the problem.