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...economic history is a long record of government policies that failed because they were designed with a bold disregard for read more
...economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.
One of the peculiarities of the American Revolution was that its leaders pinned their hopes on the organization of decision-making read more
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.".
Fifty-one percent of a nation can establish a totalitarian regime, suppress minorities and still remain democratic.
Fifty-one percent of a nation can establish a totalitarian regime, suppress minorities and still remain democratic.
The more the world is specialized the more it will be run by generalists.
The more the world is specialized the more it will be run by generalists.
Government, in its very essence, is opposed to all increase in knowledge. Its tendency is always towards permanence and against read more
Government, in its very essence, is opposed to all increase in knowledge. Its tendency is always towards permanence and against change...[T]he progress of humanity, far from being the result of government, has been made entirely without its aid and in the face if its constant and bitter opposition.
Sometimes you wonder how you got on this mountain. But sometimes you wonder, "How will I get off?".
Sometimes you wonder how you got on this mountain. But sometimes you wonder, "How will I get off?".
Chinks in America's egalitarian armor are not hard to find. Democracy is the fig leaf of elitism.
Chinks in America's egalitarian armor are not hard to find. Democracy is the fig leaf of elitism.
Power kills, absolute power kills absolutely.
Power kills, absolute power kills absolutely.
The legacy of Democrats and Republicans approaches: Libertarianism by bankruptcy.
The legacy of Democrats and Republicans approaches: Libertarianism by bankruptcy.
