Notable Quote

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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Notable Quote – College, the arena of ideas? Er….

by Skip October 6, 2016

College: an oasis of totalitarianism in a desert of freedom. -David Burge (@Iowahawkblog)  

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Notable Quote – Ol Remus

by Skip October 4, 2016

“The Tea Party and the Alt-Right are surface expressions of something neither of them fully capture, momentary flecks in a pyroclastic flow. The Tea Party, classically activist, was the last polite grievance by a now largely defunct middle class. Ignored and betrayed by turns, it metamorphosized into the Alt-Right, classically territorial, kickers-in of doors, fronted […]

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Notable Quote – Paul Samuelson

by Skip September 24, 2016

Let me read you another one. “Minimum wage rates: these often hurt those they are designed to help. What good does it do a Negro youth to know that an employer must pay him $1.60 per hour if the fact that he must be paid that amount is what keeps him from getting a job?” […]

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Notable Quote – James Madison

by Skip September 15, 2016

Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives. If men were angels, no government would be necessary. – James Madison Alas and alack, I fear that this admonishment has fallen on deaf ears, at least in our current times.  Thanks […]

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Notable Quote – F.A. Hayek

by Skip September 10, 2016

That we can never know all that the people know whose actions determine the formation of prices and the methods and direction of production is, of course, of decisive importance not only for theory. It has also the greatest significance for political action. The fact that much more knowledge contributes to form the order of […]

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Notable Quote – Bob Higgs

by Skip September 5, 2016

People who think, work, create, invest, plan, and carry out productive projects make the world work. People who collect taxes, create mountains of unnecessary regulations, threatening violence against those who fail to comply with them, and devote vast amounts of extorted resources to wreaking senseless death and destruction at home and abroad also make the […]

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Notable Quote – thank you, Social Justice Warriors

by Skip September 2, 2016

The Frankfurt School has won? “Everybody`s entitled to their own opinion. If you want to bring the gay flag to school, more power to you. You want to have your Confederate flag, you want to have the American flag, more power to you, it`s freedom of speech,” “This is supposed to be America, the land […]

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Notable Quote – Teddy Roosevelt

by Skip August 24, 2016

“Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty… I have never in my life envied a human being who led an easy life. I have envied a great many people who led difficult lives and led them well.” -Theodore Roosevelt (President, Soldier, Naturalist, Adventurer, November 4th, 1910) Even […]

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Notable Quote – Deirdre N. McCloskey

by Skip August 22, 2016

The enrichment [of the modern world] came mainly from bourgeois liberty and creativity unbridled, not from piling up constraints on voluntary deals or from redistributing what income we get from the deals. Wages and working conditions, after such shocking enrichment, are in fact determined largely by supply and demand, not by regulations passed by Congress […]

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Notable Quote – Victor Davis Hanson

by Skip August 16, 2016

Orwell was wrong only on his dates. Had he entitled his novel 2016, we would immediately have recognized his parallels to the present “overseas contingency operations,” “violent extremism,” “undocumented immigrants,” and “man-caused disasters.” The campus diversity czar is our Big Brother. Imagining that all lives matter is a thought crime. Due process on a campus […]

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Notable Quote – Glen Reynolds

by Skip August 13, 2016

Leftism impoverishes and kills, again and again. But politicians like it because it offers them control, and opportunities for graft. Voters like it because, well, it’s a con game designed to take advantage of greed and envy. Remember, under free markets the rich become powerful. But under socialism, the powerful become rich. -Glenn Reynolds (Da […]

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Notable Quote – Seth Barrett Tillman

by Skip August 9, 2016

“In Western societies, there is now a tremendous disconnect between the traditional political and business elites and the citizenry. The populations of the West now find themselves ruled by a transnational elite who see tradition, loyalty, and patriotism as primitive, and whose promoters within academia, nonprofits, government bodies, labour unions, NGOs, and the media teach […]

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Notable Quote – Richard Epstein

by Skip August 5, 2016

On (in part) Freedom of association, Government, and public accommodation (emphasis mine): Historically, Title II [of the Civil Rights Act of 1964, with public accommodation provisions] had two potent justifications. The first is that it was a necessary corrective against massive abuses of state power under Jim Crow. Thankfully, that risk is gone today. The […]

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Suggestion Box – How to Make ‘Legislating’ Easier c/o Ian Underwood

by Steve MacDonald August 4, 2016
Thumbnail image for Suggestion Box – How to Make ‘Legislating’ Easier c/o Ian Underwood

“Anyway, until we stop combining common law and statutes, it seems to me that there is very little point in creating new statutes, or in trying to amend constitutions. In fact, it would save everyone a lot of time and trouble if the legislature, instead of drafting a bill and holding hearings, would just write […]

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Notable Quote – Prof. Walter Williams

by Skip August 2, 2016

On minimum wage laws: There are many real-world examples of compensating differences. Full-fledged doctors receive hourly pay that ranges between $80 and $157. A brand-new intern earns about $34 an hour. What do you think would happen to a hospital’s willingness to hire an intern if there were a minimum hourly wage for interns of, […]

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Notable Quote – Ronald Reagan

by Skip July 25, 2016

“Freedom is the right to question, and change the established way of doing things. It is the continuing revolution of the marketplace. It is the understanding that allows us to recognize shortcomings and seek solutions. It is the right to put forth an idea, scoffed at by the experts, and watch it catch fire among […]

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Notable Quote – F. A. Hayek

by Skip July 21, 2016

Where it is a question, not of a momentary emergency, but of obtaining the largest supplies over a period and at the least sacrifice of other production, the price mechanism is infinitely superior to any other method. A rise of prices not only forces people to use the commodity sparingly in every possible use, including […]

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Notable Quote – Frank Knight

by Skip July 11, 2016

 “…the probability of the people in power being individuals who would dislike the possession and exercise of power is on a level with the probability that an extremely tender-hearted person would get the job of whipping-master on a slave plantation.” -Frank Knight (H/T: Cafe Hayek)

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Notable Quote – Kevin D. Williamson

by Skip July 8, 2016

On FBI Director Comey’s decision on Hillary Clinton (emphasis mine): The actions by the FBI and the DOJ in this matter are legally and morally indefensible. The fact that these legally and morally indefensible actions come as no real surprise to anybody who has been paying attention indicates the character of the government under which […]

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Notable Quote – Randy Holcombe

by Skip June 27, 2016

Freedom is meaningless if we are only free to make choices that meet with government approval. The Progressive ideology compromises freedom and takes away the individual rights that at one time justified the existence of our American government. Progressivism is a direct attack on freedom. -Prof. Randy Holcombe Of course it is – that’s what Socialism […]

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Notable Quote – Oren Cass

by Skip June 16, 2016

UBI => Universal Basic Income, whereby Government just gives everyone, children and adults, some sum of money every year (e.g., $10,000) A UBI would pose severe practical challenges, which will be discussed later in this article. But even if it could work, it should be rejected on principle. A UBI would redefine the relationship between […]

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Notable Quote – Tom Lehman

by Skip June 14, 2016

It seems the moment we automate some given process with labor-saving devices, we identify some new problem, unresolved issue, or unmet need, and the scarce labor resources that had been employed in the now automated line of work are eventually shifted over to the new problem to address the continued and ongoing struggle against scarcity […]

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Notable Quote – King Abdullah II of Jordan

by Skip June 13, 2016

“I think I believe in American power more than Obama does.” King Abdullah was educated here in the States.  Wish the same thing had happened to Obama.

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