He is an amazing economist and libertarian author who retired from Stanford at the age of 86. Below are some quotes of his over the years. With Washington, DC currently having a collective IQ of 27, these quotes really make you think.

On government spending: “Elections should be held on April 16th—the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.”

On welfare: “The biggest and most deadly ‘tax’ rate on the poor comes from a loss of various welfare state benefits — food stamps, housing subsidies, and the like — if their income goes up.”

On diversity: “The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.”

On truth: “When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.”

On equality: If you truly believe in the brotherhood of man, then you must believe that blacks are just as capable of being racists as whites are."

On distractions: "Ever notice how some people pay more attention to the salaries of CEOs but less attention to the salaries of celebrities?"

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"When people want the impossible, only liars can satisfy."

"Nothing is so bad that government can't make it worse."

"Who's right on global warming depends on who's paying for the research."

"It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong."

"The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think. The problem is that Johnny doesn't know what thinking is; he confuses it with feeling."

"Why is it greed to want to keep the money you've earned, but not greed to want to take someone else's money?"

"Politicians are not trying to solve our problems. They are trying to solve their own problems -- of which getting elected and re-elected are No. 1 and No. 2. Whatever is No. 3 is far behind."

"If you have been voting for politicians who promise to give you goodies at someone else's expense, then you have no right to complain when they take your money and give it to someone else, including themselves."

"When people get used to preferential treatment, equal treatment seems like discrimination."

"What exactly is the FAIR SHARE of what someone else has worked for?"

"We have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain."

" 'Entitlement' is not only the opposite of achievement, it undermines incentives to do all the hard work that leads to achievement. It is the people who were born and raised in the welfare state atmosphere who seem to have great difficulty finding jobs."