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    The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

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  11  /  16  

A political career brings out the basest qualities in human nature.

A political career brings out the basest qualities in human nature.

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"What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic read more

"What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic than loss of freedom. That does not prevent these from being two different things.

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Where does virgin wool come from? The sheep that runs the fastest.

Where does virgin wool come from? The sheep that runs the fastest.

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Television is democracy at its ugliest.

Television is democracy at its ugliest.

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I can take it... The tougher it gets, the cooler I get...

I can take it... The tougher it gets, the cooler I get...

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The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent read more

The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent on the people's will in such a way that they may be peaceably changed if conflict occurs.

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For the sake of domestic peace, liberalism aims at democratic government. Democracy is therefore not a revolutionary institution. On the read more

For the sake of domestic peace, liberalism aims at democratic government. Democracy is therefore not a revolutionary institution. On the contrary it is the very means of preventing revolution and civil wars. It provides a method for the peaceful adjustment of government to the will of the majority.

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..the Bill of Rights does not come from the people and is not subject to change by majorities. It comes read more

..the Bill of Rights does not come from the people and is not subject to change by majorities. It comes from the nature of things. It declares the inalienable rights of man not only against all government but also against the people collectively.

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Justice is a concept. Muscle is the reality.

Justice is a concept. Muscle is the reality.

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