“In tribal times, there were the medicine men. In the Middle Ages, there were the priests. Today, there are the lawyers. For every age, a group of bright boys, learned in their trades and jealous of their learning, who blend technical competence with plain and fancy hocus-pocus to make themselves masters of their fellow men. For every age, a pseudo-intellectual autocracy, guarding the tricks of the trade from the uninitiated, and running, after its own pattern, the civilization of its day.” MenRunningAgeTodayBoysGroupsMiddleMastersCivilizationIntellectualFellowsTradeMedicinePatternsLawyerTricksFancyPriestsJealousFellow ManCompetenceMiddle AgesPseudoGuardingAutocracyHocus PocusPseudo Intellectuals Author:Fred Rodell
“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.” IfsBelieveMayLongSaidStillsGovernmentRunningIndividualDecisionPowerfulEconomyEconomicExerciseJudgmentMedicinePainfulHarmDebateFasterLong RunsMistakenBusinessmanI Still BelieveFree Economy Author:John James Cowperthwaite