Notable Quote Archives - Page 22 of 23 - Granite Grok

Notable Quote

Notable Quote – Milton Friedman (on the occasion of the birth of this Nobel Prize winning economist)

What the market does is to reduce greatly the range of issues that must be decided through political means, and thereby to minimize the extent to which government need participate directly in the game.  The characteristic feature of action through political channels is that it tends to require or enforce substantial conformity.  The great advantage …

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Notable Quotes – Mark Penningtonn

[P]rivate property institutions are more robust because they enable people to cope with uncertainty by reducing the prospect of systemic error.  Compared to regimes where decisions are taken at the centre, the dispersal of ownership in a market tends to confine the effects of any errors to a relatively smaller sphere and provides decision-makers with …

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Notable Quote – Don Boudreaux on H.L. Mencken

Public policies are determined and laws are made by small minorities playing upon the fears and imbecilities of the mob – sometimes minorities of intelligent and honest men, but usually minorities of rogues. – H.L Mencken No better summary of modern government has ever been penned. – Prof. Don Boudreaux, economics (H/T: Cafe Hayek)

Notable Quote – Dr. Arthur Brooks

What is free enterprise? It is the system of values and laws that respects private property and limits government, encourages competition and industry, celebrates achievement based on merit, and creates individual opportunity. Under free enterprise, people can pursue their own ends, and they reap the rewards and consequences, positive and negative, of their own actions. …

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Notable Quote – Bob Dole

 The high office of the presidency requires not a continuous four-year campaign for re-election, but, rather, broad oversight and attention to three essential areas – the material, the moral, and the nation’s survival, in that ascending order of importance. And in the last presidential election, you, the people, were gravely insulted. You were told that …

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Notable Quote – Joel Mokyr

The enforcement of property rights through private-order institutions reflects something deep and supremely important about British institutions in the eighteenth century.  The culture of respectability and gentility helped solve the standard collective action problems that bedevil the production of public goods.  The emergence of a plethora of networks, clubs, friendly societies, academies, and associations created …

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Notable Quote – Alex de Toqueville

“A man’s admiration of absolute government is proportionate to the contempt he feels for those around him.” –  Alex de Toqueville, French historian And Obama wants to radically transform America to be a Government-centric country to replace its citizen-oriented one…. (H/T: PowerLine)

Notable Quote – unknown

Via email, just in time for the Supreme Court oral arguments starting next week. “Fathom the Hypocrisy of a Government that requires every citizen to prove they are insured… but not everyone must prove they are a citizen.”   (H/T: Jordon)