“We like to think we're superior to the people who, centuries ago, burned 'witches' for no better reason than a neighbor's belief that his crop failure or impotence was caused by that woman's action. But reporters are still prone to the same mental errors that caused these killings: seeing patterns where there are none, finding causes where there is only coincidence, ignoring our sources' political agendas and turning scanty evidence into panic.” PeopleThinkingStillsReasonActionPoliticalBeliefCausesSeeingCenturySourceFindingsEvidenceErrorsKillingPatternsNeighborSuperiorsAgendasWitchPanicBurnedReportersCoincidenceCropsImpotencePolitical Agendas Author:John Stossel
“Most people are oblivious to F.A. Hayek's insight that the critical information needed to run an economy - or even 15 percent of one - doesn't exist in any one place where it is accessible to central planners. Instead, it is scattered piecemeal among millions of people. All those people put together are far wiser and better informed than Congress could ever be. Only markets - private property, free exchange and the price system - can put this knowledge at the disposal of entrepreneurs and consumers, ensuring the system will serve the people and not just the political class.” PeopleRunningTogetherPoliticalClassMillionsEconomyInformationNeededPercentEntrepreneurPropertyCongressInsightCriticalConsumersWiserPrivate PropertyObliviousPlannersHayek Author:John Stossel
“All our rights are gradually eroded as government gets bigger.” GovernmentPoliticalPoliticsRightsSocietyBiggerLibertarianErosionErodeAnti Government Author:John Stossel
“What would you think of a person who earned $24,000 a year but spent $35,000? Suppose on top of that, he was already $170,000 in debt. You'd tell him to get his act together - stop spending so much or he'd destroy his family, impoverish his kids and wreck their future. Of course, no individual could live so irresponsibly for long. But tack on eight more zeroes to that budget and you have the checkbook for our out-of-control, big-spending federal government.” ThinkingYearsPersonsLongBigsGovernmentKidsTogetherPoliticalCoursesPoliticsIndividualEconomicsEightDebtSpendingBudgetsFederal GovernmentWrecksPolitics And Economics Author:John Stossel
“The political class can't imagine a decentralized world where good things happen...without them. But in the real world, that's exactly how good things happen, and how jobs are created. When government sets simple rules that everyone understands and then gets out of the way, free people create jobs.” PeopleWorldWayRealGovernmentHappensJobsPoliticalSimpleClassImagineGood ThingsThings HappenReal World Author:John Stossel
“The politicians should not tell the people to shut up.” PeopleShouldPoliticalPoliticianShut Up Author:John Stossel