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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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  14  /  30  

Diplomats were invented simply to waste time.

Diplomats were invented simply to waste time.

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The direct use of force is such a poor solution to any problem, it is generally employed only by small read more

The direct use of force is such a poor solution to any problem, it is generally employed only by small children and large nations.

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So long as we have enough people in this country willing to fight for their rights, we'll be called a read more

So long as we have enough people in this country willing to fight for their rights, we'll be called a democracy.

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  22  /  15  

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.

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The aim of all struggles for liberty is to keep in bounds the armed defenders of peace, the governors and read more

The aim of all struggles for liberty is to keep in bounds the armed defenders of peace, the governors and their constables. The political concept of the individual's freedom means: freedom from arbitrary action on the part of the police power.

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The more corrupt the State the more numerous the laws.

The more corrupt the State the more numerous the laws.

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The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitude is read more

The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitude is at once the consequence of his crime, and the punishment of his guilt.

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There must be no barriers for freedom of inquiry. There is no place for dogma in science. The scientist is read more

There must be no barriers for freedom of inquiry. There is no place for dogma in science. The scientist is free, and must be free to ask any question, to doubt any assertion, to seek for any evidence, to correct any errors.

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No matter how disastrously some policy has turned out, anyone who criticizes it can expect to hear: "But what would read more

No matter how disastrously some policy has turned out, anyone who criticizes it can expect to hear: "But what would you replace it with?" When you put out a fire, what do you replace it with?

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