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    One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making units, the structuring of their incentives, and the counterbalancing of the units against one another, rather than on the more usual (and more exciting) principle of substituting "the good guys" for "the bad guys.".

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  12  /  16  

We live in a world in which politics has replaced philosophy.

We live in a world in which politics has replaced philosophy.

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A billion here and a billion there, and soon you're talking about real money.

A billion here and a billion there, and soon you're talking about real money.

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No man is entitled to the blessings of freedom unless he be vigilant in its preservation.

No man is entitled to the blessings of freedom unless he be vigilant in its preservation.

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When the president does it, that means it is not illegal.

When the president does it, that means it is not illegal.

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Among the many misdeeds of the British rule in India, history will look upon the act of depriving a whole read more

Among the many misdeeds of the British rule in India, history will look upon the act of depriving a whole nation of arms as the blackest."
N.B.: This quote refers to the British disarmament of the Indian Army. Gandhi never advocated the individual right to bear arms. - Gandhi, An Autobiography.

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The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The read more

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it.The first lesson of politics is to disregard the first lesson of economics.

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If there were a verb meaning "to believe falsely," it would not have any significant first person, present indicative.

If there were a verb meaning "to believe falsely," it would not have any significant first person, present indicative.

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Bad officials are elected by good citizens who do not vote.

Bad officials are elected by good citizens who do not vote.

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Many a bum show has been saved by the flag.

Many a bum show has been saved by the flag.

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