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Law Quotes

“In an information economy, entrepreneurs master the science of information in order to overcome the laws of the purely physical sciences. They can succeed because of the surprising power of the laws of information, which are conducive to human creativity. The central concept of information theory is a measure of freedom of choice. The principle of matter, on the other hand, is not liberty but limitation- it has weight and occupies space.”

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“The State exists simply to promote and to protect the ordinary happiness of human beings in this life. A husband and wife chatting over a fire, a couple of friends having a game of darts in a pub, a man reading a book in his own room or digging in his own garden-that is what the State is there for. And unless they are helping to increase and prolong and protect such moments, all the laws, parliaments, armies, courts, police, economics, etc., are simply a waste of time.”

Source: Mere Christianity

“When men see how relevant the ten commandments are for economics, they should gain new respect for the importance of the laws of God for all of life, but especially for the life of dominion man, the man redeemed by grace through faith in the one true Dominion Man, Jesus Christ.”

Men Should Law Jesus Christ Grace He Man Ten Gains Jesus Christ Economics Importance Relevant Commandments Dominion Redeemed Ten Commandments

Author:Gary North

“During the last dozen years the tales of suppression of free assemblage, free press, and free speech, by local authorities or the State operating under martial law have been so numerous as to have become an old story. They are attacked at the instigation of an economically and socially powerful class, itself enjoying to the full the advantages of free communications, but bent on denying them to the class it holds within its power.”

“Our goal is not to assume leadership of existing institutions, but rather to render them irrelevant. We don't want to take over the state or change its policies. We want to render its laws unenforceable. We don't want to take over corporations and make them more 'socially responsible.' We want to build a counter-economy of open-source information, neighborhood garage manufacturing, permaculture, encrypted currency and mutual banks, leaving the corporations to die on the vine along with the state. We do not hope to reform the existing order. We intend to serve as its grave-diggers.”

“I'd say that, in addition to actually taking my brother and sister and I camping and hiking and river rafting all our lives and introducing us to the power of natural landscapes, his [my father's] biggest impact on my thinking has been to always argue that the "spiritual case for Nature" was not going to outweigh the needs of 7 billion people and to insist that law, science and economics were the critical frameworks through which we had to defend the value of nature.”

“As long as we issue fiat currency, I see no alternative to a legal tender law.”

Long Law Money Issues Economics Alternatives Currency Taxation

Author:Alan Greenspan

“We shall never have a science of economics unless we learn to discern the operation of law even among the most perplexing complications and apparent interruptions.”

Law Economics Operations Complication Interruptions

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“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.”

“Marx, however imperfectly he worked out the details, set himself the task of discovering the law of motion of capitalism, and if there is any hope of progress in economics at all, it must be in using academic methods to solve the problems posed by Marx.”

Ifs Problem Law Progress Capitalism Economics Tasks Method Details Solve Academic Discovering Laws Of Motion

Book:Essay on Marxian Economics

Source: Essay on Marxian Economics

“Litmus test: If you can't describe Ricardo's Law of Comparative Advantage and explain why people find it counterintuitive, you don't know enough about economics to direct any criticism or praise at "capitalism" because you don't know what other people are referring to when they use that word.”

People Ifs Knows Enough Use Law Capitalism Advantage Economics Direct Criticism Tests Praise Referring Comparative Advantage

Author:Eliezer Yudkowsky

“'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

“Therefore, to teach them [women] at least an outline of economics and law is the first requirement after giving them a general education. Figuratively speaking, it will be like providing the women of civilized society with a pocket dagger for self-protection.”

Giving Firsts Self Law Teach Economics Protection Pockets Civilized Providing Requirements Outlines Civilized Society Daggers Self Protection General Education

Book:Fukuzawa Yukichi on Japanese women: selected works

Source: Fukuzawa Yukichi on Japanese women: selected works

“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.”