Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that set of options which has economic value...It is the options, and not the physical things, which are the "property" - economically as well as legally...But because the public tends to think of property as tangible, physical things, this opens the way politically for government confiscation of property by forcibly taking away options while leaving the physical objects untouched.
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An ambassador is not simply an agent; he is also a spectacle.
An ambassador is not simply an agent; he is also a spectacle.
We are the people our parents warned us about.
We are the people our parents warned us about.
America is a large, friendly dog in a very small room. Every time it wags its tail, it knocks over read more
America is a large, friendly dog in a very small room. Every time it wags its tail, it knocks over a chair.
A politician will always tip off his true belief by stating the opposite at the beginning of the sentence. For read more
A politician will always tip off his true belief by stating the opposite at the beginning of the sentence. For maximum comprehension, do not start listening until the first clause is concluded. Begin instead at the word "but" which begins the second, or active, clause. This is the way to tell a liberal from a conservative -- before they tell you. Thus: "I have always believed in a strong national defense, second to none, but ... " (a liberal, about to propose a $20 billion defense cut).
Power (n): The only narcotic regulated by the SEC instead of the FDA.
Power (n): The only narcotic regulated by the SEC instead of the FDA.
There is nothing an economist should fear so much as applause.
There is nothing an economist should fear so much as applause.
Politics makes strange bed-fellows.
Politics makes strange bed-fellows.
Fascism is capitalism in decay.
Fascism is capitalism in decay.
I would remind you that extremism in the defense of liberty is no vice! And let me remind you also read more
I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue.
