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States Quotes

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States Quotes

“The political system of the United States is essentially extra-European. To stand in firm and cautious independence of all entanglement in the European system has been a cardinal point of their policy under every administration of their government from the peace of 1783 to this day...Every year's experience rivets it more deeply in the principles and opinions of the nation.”

“My mother was convinced, and on this head I have retained her firm belief, that to kill animals for the purpose of feeding on their flesh is one of the most deplorable and shameful infirmities of the human state; that it is one of those curses cast upon man either by his fall, or by the obduracy of his own perversity.”

“Resolved, That the General Assembly of Virginia, doth unequivocally express a firm resolution to maintain and defend the Constitution of the United States, and the Constitution of this State, against every aggression either foreign or domestic, and that they will support the Government of the United States in all measures warranted by the former.”

“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.”