Notable Quote

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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Notable Quote – Henry Hazlitt

by Skip June 11, 2016

This vital consideration of incentives is almost systematically overlooked in the proposals of agitators for more and bigger government welfare schemes. We should all rightly be concerned with the plight of the poor and unfortunate. But the hard two-part question that any plan for relieving poverty must answer is: How can we mitigate the penalties […]

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Notable Quote – David Solway

by Skip June 7, 2016

Nothing is too big to fail, including civilizations, and ours is no exception. The decline of the West is historically inevitable, subject to the universal principle of entropy that functions on every plane of natural existence, including the cultural. The agencies by which it works on this level are readily isolated: the endemic vices and […]

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Notable Quote – William Easterly

by Skip May 30, 2016

The other great accomplishment of markets is that they reconcile the choices people make for themselves with the choices other people are making. Back at the dinner table we find that no Planner is necessary to process the enormous amount of information that is required to decide how much pasta, rice, cheese, and takeout cuisines […]

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Notable Quote – William Easterly

by Skip May 29, 2016

The market, by contrast [to state and other nonmarket means of supplying goods and services], rewards the profit-seeking baker according to just how much the consumers feel the bread is worth at solving their nutritional gluten problem. So the market will self-correct. Suppose there is a high social payoff to making bread for consumers – […]

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Notable Quote – Tom Bethell

by Skip May 20, 2016

The classical-liberal conception of rights is likely to be discomforting to any ruling class, no matter how constituted, because it reliably subtracts power from those who rule, or hope to, and distributes it among the people. Decentralized private property has had precisely that effect. -Tom Bethell (The Noblest Triumph) (H/T: Cafe Hayek)

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Notable Quote – Steve Horwitz

by Skip May 12, 2016

First, markets really do capture the voices of the people. Markets are, in F.A. Hayek’s words, communication processes. When we buy and sell — or refrain from doing so — we are sending messages to others about what we want and do not want, and what we’re willing to give up to get it. As […]

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Notable Quote – Ezra Levant

by Skip May 10, 2016

“Universities are now just daycare for millennials who don’t want to grow up, whose only real purpose is to become little soldiers of political correctness and radical activists. I’m not calling for a ban on anything. Except a ban on forcing the rest of us to pay for this crap.” -Ezra Levant Problem is, we […]

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Notable Quote – William Allen

by Skip May 2, 2016

If we are not physically overrun by barbarians, what will destroy us?  Not learned quibbles on the nuances of what the Founding Fathers really meant.  Rather, we will ruin ourselves with minimum wage and comparable worth laws; with controls on prices of goods, apartments, and loans; with erratic changes in the price level; with government […]

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Notable Quote – F.A. Hayek

by Skip April 29, 2016

It is one of the great tragedies of our time that the masses have come to believe that they have reached their high standard of material welfare as a result of having pulled down the wealthy, and to fear that the preservation or emergence of such a class would deprive them of something they would […]

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Notable Quote – R.W. Grant

by Skip April 27, 2016

The politician dispenses wealth which other men have produced, and we say he is “compassionate,” while the businessman who produces the wealth is dismissed as “greedy” and “materialistic.” -R.W. Grant  (The Incredible Bread Machine) I have said this for a long time – if you deem a “capitalist” as being greedy and don’t like it, the […]

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Notable Quote – David Horowitz

by Skip April 26, 2016

It is a strange election cycle when Republicans go to war with each other with a ferocity rarely manifest when they are confronting Democrats and their progressive agendas. It is especially puzzling because a general consensus has formed on the right that the Democratic Party is moving so far left that its agendas threaten the […]

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Notable Quote – Deirdre McCloskey

by Skip April 23, 2016

Or consider the emergence of a Nature-worshipping environmentalism that would have been viewed as a crazy luxury in the hardscrabble times of 1800 or even of 1933.  The economist and student of theology Robert Nelson calls environmentalism the new religion of the West (a West that nonetheless, outside of places like Poland or the United […]

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Notable Quote – Ammo Grrrll

by Skip April 22, 2016

Every Friday, Powerline has a column from Ammo Grrrll that is a must read for me.  This one – absolutely go and read the rest, but this part speaks to the young’uns “back when” and the the miserable little crapheads that think that they are all-knowing adults because SOCIAL JUSTICE! Young men of my father’s […]

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Notable Quote – Thomas Jefferson

by Skip April 19, 2016

“The judiciary of the United States is the subtle corps of sappers and miners constantly working under ground to undermine the foundations of our confederated fabric. They are construing our constitution from a co-ordination of a general and special government to a general and supreme one alone. This will lay all things at their feet, […]

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Notable Quote – Winston Churchill

by Skip March 28, 2016

“How dreadful are the curses which Mohammedanism lays on its votaries! Besides the fanatical frenzy, which is as dangerous in a man as hydrophobia in a dog, there is this fearful fatalistic apathy. The effects are apparent in many countries. Improvident habits, slovenly systems of agriculture, sluggish methods of commerce, and insecurity of property exist […]

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Notable Quote -Auberon Herbert, Prof. Don Boudreaux

by Skip March 10, 2016

T]here is no region of human thought which is so disorderly, so confused, so lawless, so little under the rule of the great principles, as the region of political thought.  It must be so, because that disorder and confusion are the inevitable consequence and penalty of the strife for power.  You cannot serve two masters. […]

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Notable Quote – Edward Stringham

by Skip March 6, 2016

The mechanisms of private governance are potentially limitless. They facilitate cooperation in close-knit groups and among relative strangers. They facilitate cooperation between billions of people across political boundaries and anywhere where the government legal system is not capable of or uninterested in facilitating exchange. Private governance is responsible for cooperation in simple informal markets as […]

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Notable Quote – Philip Hamburger

by Skip March 5, 2016

The relevance of absolute power for administrative law became more clear when one realizes that Anglo-American law has a history of an extra- and supralegal power in what what known as the “prerogative.”  This was the name of the power claimed by the English kings, and it corresponds to the administrative power claimed by the […]

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Notable Quote – George Will

by Skip February 29, 2016

“No. It turns out the faculty clubs and student safe spaces of American campuses are just not big enough to nominate a president. The Democratic Party’s base consists of minorities and public employees, particularly teachers and AFSCME and all the rest. They are really serious about keeping control of the government because their livelihood depends […]

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Notable Quote – Seton Motley

by Skip February 11, 2016

The old politician saw is: “The most dangerous place for you in Washington – is between (fill in name of pol) and a camera.” We’ll coin a government saw: “The most dangerous place for you anywhere on the planet – is government between you and the free market.” Any and every tax, law and regulation […]

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Notable Quote – Larry White

by Skip January 30, 2016

Government grows as its beneficiaries find ways to outmaneuver the interests of the taxpayers. -Larry White ( The Clash of Economic Ideas) (H/T: Cafe Hayek) It’s always “The Bigger the Government, the smaller the citizens”  

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Notable Quote – Kerry Jackson

by Skip January 24, 2016

The REAL greedy ones are not the capitalists but the politicians: Like most on his side of the political spectrum, Sanders doesn’t know how to use the word. Greed is not a company or a person working hard to make more money, and then working just as hard to keep what they have earned, what […]

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