Archive for the ‘Quotes’ Category

lobbyism

Great quotation from P.J. O’Rourke:

When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.

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Great quotation from Jacob Schmookler’s book Invention and Economic Growth (1966):

Consumer goods inventions that cut both cost and quality but reduce the former more than the latter, such as the Model T, have historically been an important means for transforming the luxuries of the rich into the conveniences of the poor.

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The other day I came across yet another great quote by Thomas Sowell:

I don’t want people making decisions who don’t pay the price of their decisions. And that’s what politics is all about: you don’t pay the price of the decisions.

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Great summary by former U.S. President Ronald Reagan:

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

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Adding to my latest blog post, I found this quote by Thomas Sowell in his column “Random Thoughts” for the JWR:

In the modern welfare state, a vote becomes a license to take what others create – and these others include generations yet unborn.

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power

Currently I am reading Hayek’s Road to Serfdom. As a preview and taken from the Reader’s Digest version, here is a fine¬†quotation:

We shall never prevent the abuse of power if we are not prepared to limit power in a way which occasionally may prevent its use for desirable purposes.

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In the past, I have frequently wrote about the disregard of the Constitution of the United States. While watching a recent discussion between Peter Robinson and Thomas Sowell, I came across this brilliant quotation:

When all is said and done, the Constitution of the United States is a set of words on pieces of paper. The only way the Constitution can protect us is if we protect the Constitution. If we rise up and revolt, if we vote out of office people who violate the Constitution, then of course it will mean something. However, if people can do this – say a few pretty words and we say ‘Oh well’ – then the Constitution will erode over time to the point where it will mean absolutely nothing. There will be nice words on paper but people with power will just do what they like.

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