“Governments of all stripes want to deliver growth and rebalance their economies now that they have learned the hard way that, left to their own devices, markets pick expensive banking losers.” WayWantHardGovernmentLeftGrowthEconomyPicksExpensiveDevicesLoserBankingStripesHard Way Author:Frances O'Grady
“Democracy is essentially a means, a utilitarian device for safeguarding internal peace and individual freedom. As such it is by no means infallible or certain. Nor must we forget that there has often been much more cultural and spiritual freedom under an autocratic rule than under some democracies and it is at least conceivable that under the government of a very homogeneous and doctrinaire majority democratic government might be as oppressive as the worst dictatorship.” MeanGovernmentMightSpiritualCertainIndividualForgetDemocracyWorstMajorityDemocraticInternalsDevicesDictatorshipInfallibleIndividual FreedomUtilitarianSpiritual FreedomDemocratic GovernmentHomogeneousSafeguardingInternal Peace Author:Friedrich August von Hayek
“The cult of the omnipotent state has millions of followers in the united States. Americans of today view their government in the same way as Christians view their God; they worship and adore the state and they render their lives and fortunes to it. Statists believe that their lives - their very being - are a privilege that the state has given to them. They believe that everything they do is - and should be - dependent on the consent of the government. Thus, statists support such devices as income taxation, licensing laws, regulations, passports, trade restrictions, and the like.” WayShouldBelieveStatesGovernmentTodayChristianLawGivenUnitedViewsMillionsUnited StatesSupportWorshipTradeFortunePrivilegeIncomeDependentDevicesFollowersRegulationConsentCultAdoreTaxationRestrictionIncome TaxPassportsOmnipotentLicensing Book:The tyranny of gun control Source: The tyranny of gun control
“If there is to be responsible party government, the party label must be something more than a mere device for securing office. Unless those who are elected under the same party designation are willing to assume sufficient responsibility and exhibit sufficient loyalty and coherence, so that they can cooperate with each other in the support of the broad general principles, of the party platform, the election is merely a mockery, no decision is made at the polls, and there is no representation of the popular will.” IfsMadeGovernmentDecisionPartyResponsibilityPrinciplesSupportWillingOfficeResponsibleElectionAssumingMereLoyaltyLabelsSufficientDevicesBroadsPlatformsRepresentationPollsExhibitsMockeryBeing ResponsibleCoherenceDesignation Author:Calvin Coolidge
“You can understand Tunisia revolution as a failure to censor the internet. And Libya had that failure too. It's very difficult for governments that are autocratic and don't have broad popular support to be in power when a lot of people have these devices. That was what Arab Spring was about, that people could express this and lead to revolution.” PeopleGovernmentDifficultSupportRevolutionInternetSpringDevicesBroadsLibyaArab SpringTunisia Author:Eric Schmidt
“One of the great things about a free market is that it's inherently and indefatigably Darwinistic. Left to its own devices, a free market will eventually weed out the stupid from both 'ends' of the food chain otherwise described as supply and demand. As money is liberated from the hands of the stupid, those who would sell products or services to the stupid will eventually lose their share of the marketplace. Devoid of any 'benevolent' interference from government, the process is gloriously relentless, and cannot help but yield a successively smarter class of participants.” EndsHelpingHandsGovernmentLeftProcessLosesClassShareStupidProductsDemandSellsGreat ThingsChainsDevicesYieldWeedSmarterFree MarketMarketplaceRelentlessLiberatedInterferenceParticipantsBenevolentFood ChainSupply And Demand Author:Edward Britton