Oliver Goldsmith on economics

In arguing too, the parson owned his skill,
For e’en tho’ vanquished, he could argue still;
While words of learned length, and thundering sound,
Amazed the gazing rustics ranged around;
And still they gazed, and still the wonder grew,
That one small head could carry all he knew.

Truth from his lips prevailed with double sway,
And fools, who came to scoff, remain’d to pray.

A national debt, if it is not excessive, will be to us a national blessing.

Alexander Hamilton1757–1804Letter to Robert Morris (30 April 1781)

Underlying most arguments against the free market is a lack of belief in freedom itself.

Milton Friedman1912–2006Capitalism and Freedom (1962), Ch. 1 The Relation Between Economic Freedom and Political Freedom, 2002 edition, page 15

• Business
• Freedom

It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own neccessities but of their advantages.

Adam Smith1723–1790The Wealth of Nations (1776), Book I, Chapter II, p. 19.In context