Inputs never have end tags, meaning to be correct, you'd have to have the following:
<form>
<input type="radio" name="font" /> Arial<br />
<input type="radio" name="font" /> Times New Roman<br />
<input type="radio" name="font" /> Monaco<br />
</form>
From there, you can take measures to tie the text with its respective radio button:
<form>
<input type="radio" name="font" id="fontArial"/><label for="fontArial">Arial</label><br />
<input type="radio" name="font" id="fontTimes"/><label for="fontTimes">Times New Roman</label><br />
<input type="radio" name="font" id="fontMonaco"/><label for="fontMonaco">Monaco</label><br />
</form>
<script type="text/javascript">
$('form label').each(function(i, e) {
alert($(this).text());
})
</script>
For grabbing the respective radio button from the label, simply take the for attribute for a selector id (for example this takes the value of a label's respective radio button):
$('#' + $(this).attr('for')).val();