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States Quotes

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States Quotes

“The two parties which divide the State, the party of Conservatism and that of Innovation are very old, and have disputed the possession of the world ever since it was made ... Now one, now the other gets the day, and still the fight renews itself as if for the first time, under new names and hot personalities ... Innovation is the salient energy; Conservatism the pause on the last movement.”

“The Constitution does not protect the sovereignty of States for the benefit of the States or state governments as abstract political entities, or even for the benefit of the public officials governing the States. To the contrary, the Constitution divides authority between federal and state governments for the protection of individuals.”

“A free press is one where it's okay to state the conclusion you're led to by the evidence. One reason I'm in hot water is because my colleagues and I at NOW didn't play by the conventional rules of Beltway journalism. Those rules divide the world into Democrats and Republicans, liberals and conservatives, and allow journalists to pretend they have done their job if instead of reporting the truth behind the news, they merely give each side an opportunity to spin the news.”

“All the alleged key causes of SOE [State-Owned Enterprise] inefficiency - the principal-agent problem, the free-rider problem and the soft budget constraint - are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership - it is between concentrated and dispersed ownerships.”