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Law Quotes

“We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation, and reform the labor laws.”

Law Cutting Economic Policy Labor Investment Reform Taxation Deficit Economic Policy Restructure Labor Laws

Author:Mariano Rajoy

“The notion that a society could be regulated entirely by market forces is a utopian fantasy: an impossible dream generated by imagining what the world would be like if everyone's behavior was utterly consistent with some abstract moral ideal-in this case, economic theories that assume all human action is based on calculating, systematic, (but scrupulously law-abiding), greed.”

“We are delighted that these regulations are now law, and we commend the provincial government for helping put the issue on the front burner. These requirements will push more companies to have the conversations they should be having around board and executive committee diversity and, hopefully, their talent development. Businesses need to tap the full pool of smart, talented people to stay competitive and strengthen our country’s economic future.”

“Let's think about how we can bring economic development, let's see if people could learn a little more of the rule of law, rather than the rule of man, which is kind of what you see in China.”

People Ifs Thinking Men Kind Littles Law Economic Development China Rule Of Law Economic Development

Author:John Kasich

“the society which projects and undertakes the technological transformation of nature alters the base of domination by gradually replacing personal dependence (of the slave on the master, the serf on the lord of the manor, the lord on the donor of the fief, etc.) with dependence on the "objective order of things" (on economic laws, the market etc.).”

Law Order Lord Economic Masters Projects Transformation Slave Objectives Etc Technological Dependence Domination Donors Serfs

Book:One-Dimensional Man: Studies in the Ideology of Advanced Industrial Society

Source: One-Dimensional Man: Studies in the Ideology of Advanced Industrial Society

“[The right] may never bring prayer back to schools, but it has rescued all manner of rightwing economic nostrums from history's dustbins. Having rolled back the landmark economic reforms of the sixties (the war on poverty) and those of the thirties (labor law, agricultural price supports, banking regulation), its leaders now turn their guns on the accomplishments of the earliest years of progressivism (Woodrow Wilson's estate tax; Theodore Roosevelt's anti-trust measures). With a little more effort, the backlash may well repeal the entire twentieth century.”

“Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal Utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process.”

“Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with legitimate businesses, and greatly reducing if not eliminating altogether any economic reason to 'push' drugs on children.”

Ifs Children Reason Might Law Risk Economic Streets Involved Cost Drug Criminals Remove Quarters Free Market Incentives Reducing Heroin Spoons Eliminating Drug Laws Repealing Crashing Down

Author:L. Neil Smith

“According to the science of cybernetics, which deals with the topic of control in every kind of system (mechanical, electronic, biological, human, economic, and so on), there is a natural law that governs the capacity of a control system to work. It says that the control must be capable of generating as much "variety" as the situation to be controlled.”

Humans Kind Law Natural Deals Situation Economic Capable Capacity Variety Working It Controlled Topics Natural Law Cybernetics

Author:Anthony Stafford Beer

“The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws.”

Law Politics Natural Wealth Ability Results Moral Economy Economic Equal Rate Factors Liberalism Concentration Vary Economic Freedom Being Equal Concentration Of Wealth

Book:The Lessons of History

Source: The Lessons of History

“Our economy is at war with many forms of life on earth, including human life. What the climate needs to avoid collapse is a contraction of humanity's use of resources; what our economic model demands to avoid collapse is unfettered expansion. Only one of these sets of rules can be changed, and it's not the laws of nature”

Source: This Changes Everything: Capitalism Vs. The Climate

“The United States Supreme Court, once a reliable if ultimate recourse for progressive and even revolutionary grievances, has become a retrograde wellspring for enormous economic and social distress.”

Source: Technical Difficulties: African-American Notes on the State of the Union

“'Murphys law of economic policy': Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently.”

Knows Law Influence Economic Policy Economics Disagree Economist Economic Policy Murphys Law

Author:Alan Blinder

“Economic transactions between national bodies who are at the same time the supreme judges of their own behavior, who bow to no superior law, and whose representatives cannot be bound by any considerations but the immediate interest of their respective nations, must end in clashes of power.”

Ends Body Law Nations Interest Economic Judging Behavior Bounds Supreme Superiors Consideration Bows Representatives Clash Transactions

Author:Friedrich August von Hayek

“Without peace and the rule of law, civil, cultural, economic, political and social rights cannot be enjoyed, when killing, maiming and mutual poisoning prevail.”

Law Political Social Rights Economic Killing Enjoyed Mutual Rule Of Law Poisoning

Author:Alfred-Maurice de Zayas

“The laws of economic life are subject to the eternal laws of spiritual capital.”

Spiritual Law Economic Subjects Eternal

Author:Ted Malloch

“Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be captured by three simple laws of nature. In fact, economists have 99 laws that capture 3 percent of behavior. Economics is a uniquely human endeavor.”

“Government means always coercion and compulsion and is by necessity the opposite of liberty. Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of economic freedom. Where there is no market economy, the best-intentioned provisions of constitutions and laws remain a dead letter.”

Source: Economic freedom and interventionism: an anthology of articles and essays