“Regular crises perpetuate the past by reinvigorating cycles which started long ago. In contrast, (capital-C) Crises are the past's death knell. They function like laboratories in which the future is incubated. They have given us agriculture and the industrial revolution, technology and the labour contract, killer germs and antibiotics. Once they strike, the past ceases to be a reliable predictor of the future and a brave new world is born.” WorldLongPastGivenBornTechnologyRevolutionFunctionCrisisBraveStrikesCeaseLabourCyclesContractsNew WorldContrastKillersLong AgoAgricultureLaboratoryGermsIndustrial RevolutionBrave New WorldAntibiotics Book:The Global Minotaur: America, Europe and the Future of the Global Economy Source: The Global Minotaur: America, Europe and the Future of the Global Economy
“Our main conclusions about the state are that a minimal state, limited, to the narrow functions of protection against force, theft, fraud, enforcement of contracts, and so on, is justified, but any more extensive state will violate persons' rights not to be forced to do certain things, and is unjustified; and that the minimal state is inspiring as well as right.” WellsPersonsStatesCertainForceRightsFunctionProtectionConclusionContractsFraudEnforcementJustifiedTheftUnjustified Author:Robert Nozick
“Capitalism had arisen through the misuse and exaggeration of certain rights, notably the right of property - the basis of economic freedom - and the right of contract, which is one of the main functions of economic freedom. Therefore, even under Capitalism, so long as the old principles were remembered it was possible to recall the principles whereby Society had once been sane and well ordered.” WellsLongCertainPoliticsPrinciplesEconomyRightsEconomicCapitalismFunctionBasesPropertyRememberedLiberalismContractsSaneRecallsExaggerationMisuseEconomic Freedom Author:Hilaire Belloc
“Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.” ShouldTryingHelpingGovernmentMotivationThreeIndividualNationsInterestLossEconomyPlayerSpecialMilitaryCrimeCitizensMoralityCostProtectFunctionPropertyIntentionActiveDefensePursuitPrimariesContractsGood IntentionsSpecial InterestsRefereeInefficiency Author:Milton Friedman
“[T]he influence of the German school is most obvious in relation to the contract theory of the origin of the state and the idea of the function of the state. The theory that the state originates in an agreement between men was assailed by the German thinkers and the historical, organic, evolutionary idea substituted for it.” MenIdeasStatesGovernmentSchoolInfluenceTheoryFunctionRelationHistoricalObviousAgreementContractsThinker Author:Charles Edward Merriam
“CMS has a track record of successfully overseeing the many contractors our programs depend on to function. Unfortunately, a subset of those contracts for HealthCare.gov have not met expectations.” RecordsDependsMetsExpectationsProgramFunctionTrackContractsHealthcareTrack RecordContractorOverseeing Author:Marilyn Tavenner