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There is nothing an economist should fear so much as applause.
There is nothing an economist should fear so much as applause.
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.
Quemadmodum gladius neminem occidit, occidentis telum est."
Latin: "A sword never kills anybody; it is a tool in the killer's read more
Quemadmodum gladius neminem occidit, occidentis telum est."
Latin: "A sword never kills anybody; it is a tool in the killer's hand. - Letters to Lucilius.
I only regret that I have but one life to lose for my country.
I only regret that I have but one life to lose for my country.
Man who stand on hill with mouth open will wait long time for roast duck to drop in.
Man who stand on hill with mouth open will wait long time for roast duck to drop in.
Patriotism is the last refuge of the scoundrel.
Patriotism is the last refuge of the scoundrel.
Good leaders make people feel that they're at the very heart of things, not at the periphery. Everyone feels that read more
Good leaders make people feel that they're at the very heart of things, not at the periphery. Everyone feels that he or she makes a difference to the success of the organization. When that happens people feel centered and that gives their work meaning.
You do not examine legislation in the light of the benefits it will convey if properly administered, but in the read more
You do not examine legislation in the light of the benefits it will convey if properly administered, but in the light of the wrongs it would do and the harms it would cause if improperly administered.
Government is beating into submission, imprisoning, and killing...The authority of man-made law is entirely due to weapons of the constables read more
Government is beating into submission, imprisoning, and killing...The authority of man-made law is entirely due to weapons of the constables who enforce obedience to its provisions.