"Legal rules are to be judged by the structure of incentives they establish and the consequences of people altering their behavior in response to those incentives"

“An ideal objectivist society with a limited government is superior to an anarcho-capitalist society in precisely the same way that an ideal socialist society is superior to a capitalist society. Socialism does better with perfect people than anarcho-capitalism with imperfect. And it is better to wear a bikini with the sun shining than a raincoat when it is raining. That is no argument against carrying an umbrella.”

“In the ideal socialist state, power will not attract power freaks. People who make decisions will show no slightest bias towards their own interests. There will be no way for a clever man to bend the institutions to serve his own ends. And the rivers will run uphill.”

“If we want to be honest, we can ship the Statue of Liberty back to France or replace the outdated verse with new lines, "America the closed preserve/ That dirty foreigners don't deserve.”

“Home page of David Friedman”

“The direct use of physical force is so poor a solution to the problem of limited resources that it is commonly employed only by small children and great nations.”

“The tendency to be rational is the consistent and hence predictable element in human behavior.”