What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.

Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?

If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention. This is an important reason why many earlier liberals, like Henry Simons, writing at a time when government was small by today's standards, were willing to have government undertake activities that today's liberals would not accept now that government has become so overgrown.

[Minimum Wage. In] Free to Choose, ... . . . the minimum wage law to be one of the most, if not the most anti-black law on the statute books.

In a bureaucratic system, useless work drives out useful work.

A society that puts equality... ahead of freedom will end up with neither.