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Cost Quotes

“Even if drugs are fully as destructive as they are usually claimed to be, it is morally wrong and demonstrably more destructive for government to deprive people of their unalienable, individual, civil, Constitutional, and human right to make an utter mess of their own lives. Since human beings are inclined to learn more from the mistakes they make, rather than from their triumphs, the right to fail, for individuals and groups alike, may be even more important than the right to succeed, and it must be fiercely protected at almost any cost.”

“Mass democracy, mass morality and the mass media thrive independently of the individual, who joins them only at the cost of at least a partial perversion of his instincts and insights. He pays for his social ease with what used to be called his soul - his discriminations, his uniqueness, his psychic energy, his self.”

“If one individual, or one class, can call in the aid of authority to ward off the effects of competition, it acquires a privilege and at the cost of the whole community; it can make sure of profits not altogether due to the productive services rendered, but composed in part of an actual tax upon consumers for its private profit' which tax it commonly shares with the authority that thus unjustly lent its support.”

“[M]y conception of liberty does not permit an individual citizen or a group of citizens to commit acts of depredation against nature in such a way as to harm their neighbors and especially to harm the future generations of Americans. If many years ago we had had the necessary knowledge, and especially the necessary willingness on the part of the Federal Government, we would have saved a sum, a sum of money which has cost the taxpayers of America two billion dollars.”

“For as soon as the procreative faculty is thwarted and the number of births diminished, the natural struggle for existence which allows only healthy and strong individuals to survive is replaced by a sheer craze to 'save' feeble and even diseased creatures at any cost. And thus the seeds are sown for a human progeny which will become more and more miserable from one generation to another, as long as Nature's will is scorned.”

“Will customers keep supporting the enormous overhead required to sustain ineffectual, unproductive stock picking across an array of thousands of individual funds devoted to every investing 'style' and economic sector or regional subgroup that some marketing idiot can dream up? Not likely. A brutal shakeout is coming and one of its revelations will be that stock picking is a grossly overrated piece of the puzzle, that cost control is what distinguishes a competitive firm from an uncompetitive one.”

“Individual versus group selection results in a mix of altruism and selfishness, of virtue and sin, among the members of a society. If one colony member devotes its life to service over marriage, the individual is of benefit to the society, even though it does not have personal offspring. A soldier going into battle will benefit his country, but he runs a higher risk of death than one who does not. An altruist benefits the group, but a layabout or coward who saves his own energy and reduces his bodily risk passes the resulting social cost to others.”

“The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing orchestration of efficient and progressive goods and services: continually improving products and markets, advancing technology, cutting costs, and meeting changing consumer demands as swiftly and as efficiently as possible.”

“People vastly overestimate the ability of central planners to improve on the independent action of diverse individuals. What I've learned watching regulators is that they almost always make things worse. If regulators did nothing, the self-correcting mechanisms of the market would mitigate most problems with more finesse. And less cost.”

“It happens a little bit more in the West, where there's more fluid - where everybody's originally from somewhere else. So they have a little bit more permission to do it. It happens the least, at the individual level at least, in the South, because the South has very strong, you know, set up black churches and white churches and a long history of that, and so it's a bigger social cost.”

“It is like using a smoke screen, the same thing for an individual. The topic here is Islam. If French politicians are no longer talking about Islam, they know they will have to talk about something else, which brings the spotlight on their inefficiency. They will have to talk about domestic social and economic issues and they will have to justify their foreign policy, which is obviously something they need to avoid at all costs.”

“Donald Trump wants to make it clear to the American people that, while Hillary Clinton is committed to open borders, and amnesty, and executive amnesty, and more of the same that has really harmed our economy, and, frankly, as he said, with regard to dangerous individuals in this country, has cost American lives. . . .”

“If I do, I say so. That's the only way out of that. If there are three words that need to be used more in American journalism, commentary, politics, personal life... it's the magic words "I don't know." I mean, there are certain basic principles, like the dignity of the individual and the individual's responsibility, and certain basic economic principles, like how when something costs less, more of it will be consumed... There are certain things that I feel pretty confident about.”