Quote of the Day

December 23, 2009

“We have a system that increasingly taxes work and subsidizes non-work.”

~ Milton Friedman


Quote of the Day

December 22, 2009

“Man must have the right of choice, even to choose wrong, if he shall ever learn to choose right.”

~ Josiah C. Wedgwood


Quote of the Day

December 21, 2009

“Fire, water, and government know nothing of mercy.”

~ Albanian Proverb


Quote of the Day

December 20, 2009

“A nation of sheep will beget a government of wolves.”

~ Edward R. Murrow


Quote of the Day

December 19, 2009

The ‘private sector’ of the economy is, in fact, the voluntary sector; and the ‘public sector’ is, in fact, the coercive sector”

~ Henry Hazlitt


Quote of the Day

December 18, 2009

“A government is not legitimate merely because it exists.”

~ Jeane J. Kirkpatrick


Quote of the Day

December 17, 2009

“There are 10^11 stars in the galaxy. That used to be a huge number. But it’s only a hundred billion. It’s less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers.”

~ Richard Feynman


Quote of the Day

December 16, 2009

“Did you ever think that making a speech on economics is a lot like pissing down your leg? It seems hot to you, but it never does to anyone else.”

~ Lyndon B. Johnson


Quote of the Day

December 15, 2009

“Consider Social Security. The young have always contributed to the support of the old. Earlier, the young helped their own parents out of a sense of love and duty. They now contribute to the support of someone else’s parents out of compulsion and fear. The voluntary transfers strengthened the bonds of the family; the compulsory transfers weaken those bonds.”

~ Milton Friedman


Quote of the Day

December 14, 2009

“Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.”

~ Paul Samuelson


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