Notable Quote

Notable Quote – F.A. Hayek and Don Boudreaux

by Skip March 26, 2017

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.  To the naive mind that can conceive of order only as the product of deliberate arrangement, it may seem absurd that in complex conditions order, and adaptation to the unknown, can be achieved […]

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Notable Quote – US Rep. Joe Barton

by Skip March 25, 2017

Reporters asked why, after Republicans held dozens of nearly-unanimous votes to repeal ObamaCare under President Obama, they were getting cold feet now that they control the levers of power. “Sometimes you’re playing Fantasy Football and sometimes you’re in the real game,” he admitted. “We knew the President [Obama – Skip], if we could get a […]

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Notable Quote – Edwin Cannan

by Skip March 16, 2017

I hope that no teacher in the [London] School [of Economics] will ever give any countenance to the pernicious belief that steady and honest service in satisfying the demand of the people for the necessaries and conveniences of life is something to be ashamed of because it is profitable. The modern workman and the modern […]

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Notable Quote – US Rep Jeff Duncan (R-SC)

by Skip March 7, 2017

We are a very benevolent country. We have always taken refugees.  Give us your tired, your poor your hungry. But folks had to go to Ellis Island and wait to be screened before they were able to come into the country. And then once they came, they were required to assimilate.” We have thrown assimilation out the […]

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Notable Quote – Tucker Carlson

by Skip February 26, 2017

“Look, it’s really simple,” Carlson says. “The SAT 50 years ago pulled a lot of smart people out of every little town in America and funneled them into a small number of elite institutions, where they married each other, had kids, and moved to an even smaller number of elite neighborhoods. We created the most […]

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Notable Quote – Unknown

by Skip February 22, 2017

You really have to ask why Conservatives have guns? Because Liberals block freeways, burn cities, throw Molotov cocktails, loot, turn over cop cars, and think this behavior is Socially Acceptable. –unknown (memed by user “KeepnitReel” at Northwest Firearms) (H/T: Water Cooler)

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Notable Quote – Arnold Kling

by Skip February 21, 2017

[Jesse] Ausubel points out that even as farm output and overall population have increased, use of water in the United States has actually declined since 1970.  That change reflects greater efficiency in farming.  (Ask your friends who proudly “buy local” whether they know how much water their local farmers used compared with the distant farmers […]

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Notable Quote – Prof. Thomas Sowell

by Skip February 15, 2017

Many individual fallacies in economics are founded on the larger, and usually implicit, fallacious assumption that economic transactions are a zero-sum process, in which what is gained by someone is lost by someone else. But voluntary economic transactions – whether between employer and employee, tenant and landlord, or international trade – would not continue to […]

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Notable Quote – John Brennan

by Skip February 2, 2017

I’ve noticed this too – jerks: The problem with communitarianism is that many communitarians make for bad community members. Many of them are “society first, individual second!” to the point of being anti-social. They aren’t the kind of people you’d want to live near. –John Brennan (H/T: Cafe Hayek) Communitarianism (emphasis mine): Communitarianism is a 20th […]

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Notable Quote – James Madison and Yuval Levin

by Skip January 20, 2017

Our civic liturgy for this constitutionally significant day should be informed by this observation from James Madison: The natural province of the executive magistrate is to execute laws, as that of the legislature is to make laws. All his acts therefore, properly executive, must presuppose the existence of the laws to be executed. These words […]

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Notable Quote – Arnold Kling

by Skip January 14, 2017

There are several fundamental concerns with the presumption of a wise, benevolent policy process. It treats the knowledge embedded in an economist’s simplified model as though it were complete knowledge. It ignores the ways that markets adapt to solve problems. And it presumes that when the political process goes to work on problems, it arrives […]

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Notable Quote – Abigal Hall Blanco

by Skip December 29, 2016

But there is one thing I hope all my students remember forever—the role of prices and private property. In particular, I want them to remember how these mechanisms are vital for a free and prosperous society. I make it clear to them that I think this material is of the utmost importance. In fact, prior […]

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Notable Quote – Chan Eddy

by Skip December 26, 2016

Could the reason the Left are so fearful of the resurgence of the Deplorables is because they expect us to treat them the way they had planned to treat us? I believe that is the case, something psychiatrists call projection. Too bad they don’t understand (or don’t care) that most of us just want to […]

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Notable Quote – Prof William Allen

by Skip December 15, 2016

A free society, by its nature, is bound together and operates through devices and channels of individual aspirations and anticipations. It relies not on authoritarian decrees enforced with the thumb screw, but on induced coordination of largely autonomous people who, in pursuing their personal ends, contribute to the well-being of the community. -Prof  William Allen […]

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Notable Quote – Ammo Grrll (writing on Powerline)

by Skip December 10, 2016

Emphasis mine: The tedious everything-is-racism plank has passed its sell-by date as well. Throw it out. The civil rights movement eliminated all legal impediments to success decades ago. Untold billions have been spent to fight “poverty.” And what has changed in the inner cities? That’s because none of these BandAids can cover the wound of […]

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Notable Quote – Scott Adams

by Skip December 2, 2016

Yes, THAT Scott Adams (of Dilbert fame) on Donald Trump: Here’s the real story. You need a business filter to see it clearly. In my corporate life I watched lots of new leaders replace old leaders. And there is one trick the good leaders do that bad leaders don’t: They make some IMMEDIATE improvement that […]

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Notable Quote – Dierdre McCloskey

by Skip November 29, 2016

The mechanism seems to be that, when a sensitive adolescent in a nonslave society first notices that some people are much poorer than her family, she is likely to conclude that the best remedy is to open Daddy’s wallet. (It is not an efficacious plan, because redistribution can give to the poor the mere 20 […]

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Notable Quote – Daniel Horowitz

by Skip November 25, 2016

The decline of faith and family in this country has led to the decline of American values and that lack of appreciation for our own history and virtue.  The misunderstanding of what is so great about America, or indeed if it is great or exceptional at all, is what is driving the elites to fundamentally […]

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Notable Quote – Branden Espinoza

by Skip November 21, 2016

Society only progresses to the degree that its members progress, and the only means a man has to measure his progress is to consider the nature of his internal governance, his conscience. He must consider that which causes him to feel pleasure and that which causes him to feel pain, that which causes him to […]

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Notable Quote – Arnold Kling

by Skip November 15, 2016

Profits are a measure of the sustainability of patterns of specialization. When a business that participates in a pattern of specialization earns a profit, the value of its output is greater than the cost of its inputs. That outcome indicates that the business is making a positive contribution to consumer well-being. -Prof. Arnold Kling ( Specialization […]

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Notable Quote – Richard Vedder

by Skip November 14, 2016

The spinning jenny, the use of coke in iron smelting, and the steam engine did not need Newton’s calculus, Harvey’s theory of the circulation of the blood, the heliocentric approach to astronomy or other scientific advances of the day. Deirdre McCloskey’s great “Bourgeois Equality” (2016) suggests it was ultimately liberty that made England’s leap forward […]

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Notable Quote – Mike Rowe (aka “Dirty Jobs”)

by Skip November 11, 2016

Back in 2003, a very unusual TV pilot called Dirty Jobs, Forrest-Gumped its way onto The Discovery Channel and found an audience – a big one. For Discovery, this was a problem. You see, Dirty Jobs didn’t look like anything else on their channel. It wasn’t pretty or careful. It took place in sewers and […]

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Notable Quote – Seton Motley

by Skip November 3, 2016

But we have spent the last half-century-plus training Americans not to appreciate accomplishment and pursue it themselves – but to envy others’ success, and want society to punish them for having the audacity to excel. And that’s where government comes in. Populated in far, far too many instances by people steeped not in the pursuit of […]

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Notable Quote – Mark Perry

by Skip October 24, 2016

Remember that the real minimum wage is always zero, because that’s the wage that hundreds of thousands, possibly millions of workers will receive following an increase in the minimum wage to $15 an hour, because they will either lose their jobs or fail to find jobs when they enter the labor force. (See Congressional Budget Office […]

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Notable Quote – Tony Palmer

by Skip October 23, 2016

However, that dichotomy – of state regulation or no regulation – is a false dichotomy. There are other alternatives. Historical research shows that regulation does not always require codified, uniform, and exhaustive written rules. (Such exhaustiveness is theoretically impossible, in any case.) Nor are we limited to a choice between rules created by Hobbes’s Leviathan […]

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Notable Quote – Kevin Williamson

by Skip October 22, 2016

During the Citizens United arguments, Justice Samuel Alito asked Malcolm Stewart, the deputy solicitor general defending the government’s censorship, whether the law would empower Congress to ban books. Stewart affirmed that books too must be subject to “electioneering communication restrictions.” And thus do our so-called liberals become book-burners. That may be of some interest to […]

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Notable Quote – and so also thought the planners of Obamacare

by Skip October 20, 2016

A planner, according to Easterly, ‘thinks he already knows the answers.’  A searcher, by contrast, ‘admits he doesn’t know the answers in advance; he believes that poverty is a complicated triangle of political, social, historical, institutional and technological factors’ (Easterly 2006: 6). Many economists and other development experts are clearly best described as ‘planners’ in […]

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Notable Quote – Vernon Smith

by Skip October 17, 2016

State control can never substitute for self-control without destroying freedom and all that is human in both society and economy. -Vernon Smith ( Self-Control or State Control? You Decide) (H/T: Cafe Hayek)

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Notable Quote – Ann Coulter

by Skip October 15, 2016

“Liberals don’t care. Their approach is to rip out society’s foundations without asking if they serve any purpose. Why do we have immigration laws? What’s with these borders? Why do we have the institution of marriage, anyway? What do we need standardized tests for? Hey, I like Keith Richards – why not make heroin legal? […]

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Notable Quote – Seton Motley

by Skip October 13, 2016

Socialism doesn’t work because it tries to root out human nature. Capitalism works because it harnesses it. We are capitalists, conservatives and federalists in part because we acknowledge and understand human nature. Its possibilities – and its limitations. They are Socialists because they are Utopian fantasists. They think they can remake humanity and the planet […]

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