Tag: Government

1039: Thomas Jefferson – Rightful Liberty is Unobstructed Action

W1039: Thomas Jefferson - Rightful Liberty — Rightful Liberty is unobstructed action according to our will, within limits drawn around us by the equal rights of others. I do not add “within the limits of the law,” because law is often but the tyrant’s will, and always so when it violates the right of an individual. —Thomas Jefferson

Rightful Liberty is unobstructed action according to our will, within limits drawn around us by the equal rights of others. I do not add “within the limits of the law,” because law is often but the tyrant’s will, and always so when it violates the right of an individual. —Thomas Jefferson

1037: Ron Paul – Free Market is Better

It’s amazing that people don’t understand that the more the market is involved and the smaller the government, the lower the price, the better the distribution, and the higher the quality. —Ron Paul

1036: Harry Browne – Why They Hate our Freedoms

W1036: Harry Browne - They Hate our Freedoms — But, actually, it is only Americans who say that our freedoms and prosperity are the reason foreigners hate us. If you ask the foreigners, they make it clear that it's America's bullying foreign policy they detest. —Harry Browne

But, actually, it is only Americans who say that our freedoms and prosperity are the reason foreigners hate us. If you ask the foreigners, they make it clear that it’s America’s bullying foreign policy they detest. —Harry Browne

1034: Henry Hazlitt – Every Public Job Destroys One Private Job

F1034: Henry Hazlitt - One Private Job Destroyed — For every public job created, one private job was destroyed. —Henry Hazlitt

For every public job created, one private job was destroyed. —Henry Hazlitt

1033: Govt Budget on Education

Myth: The Govt needs to spend more money on Education. Truth: The U.S. Govt Budget on Education has sky-rocketed over the past 30 years while student scores have fallen dramatically.

1032: Walter Williams – Government Draws in People with Bloated Egos

W1032: Walter Williams - Government and Bloated Egos — Powerful government tends to draw into it people with bloated egos. People who think they know more than everyone else and have little hesitance in coercing their fellow man. Or as Nobel Laureate Friedrich Hayek said, "in government, the scum rises to the top" —Walter Williams

Powerful government tends to draw into it people with bloated egos. People who think they know more than everyone else and have little hesitance in coercing their fellow man. Or as Nobel Laureate Friedrich Hayek said, “in government, the scum rises to the top” —Walter Williams

1031: Thomas Sowell – Poverty & Sense of Victimhood

W1031: Thomas Sowell - Sense of Victimhood — Intellectuals give people who have the handicap of poverty the further handicap of the sense of victimhood. —Thomas Sowell

Intellectuals give people who have the handicap of poverty the further handicap of the sense of victimhood. —Thomas Sowell

1030: Henry Hazlitt – Predicted 2008 Housing Collapse

F1030: Henry Hazlitt - 2008 Housing Collapse — Government-guaranteed home mortgages, especially when a negligible down payment or no down payment whatever is required, inevitably mean more bad loans than otherwise. They force the general taxpayer to subsidize the bad risks and to defray the losses. They encourage people to buy houses that they cannot really afford. They tend eventually to bring about an over-supply of houses. They temporarily over stimulate building, raise the cost of building for everybody. May mislead the building industry into an eventually over expansion. In brief, in the long run they do not increase overall national production but encourage malinvestment. —Henry Hazlitt

Government-guaranteed home mortgages, especially when a negligible down payment or no down payment whatever is required, inevitably mean more bad loans than otherwise. They force the general taxpayer to subsidize the bad risks and to defray the losses. They encourage people to buy houses that they cannot really afford. They tend eventually to bring about an over-supply of houses. They temporarily over stimulate building, raise the cost of building for everybody. May mislead the building industry into an eventually over expansion. In brief, in the long run they do not increase overall national production but encourage malinvestment. —Henry Hazlitt

1028: Henry Hazlitt – How to Increase Wages

F1028: Henry Hazlitt - Increase Wages — Real wages come out of production, not out of government decrees. The best way to raise wages, therefore, is to raise marginal labor productivity. The more the individual worker produces, the more he increases the wealth of the whole community. The more he produces, the more his services are worth to consumers, and hence to employers. And the more he is worth to employers, the more he will be paid. —Henry Hazlitt

Real wages come out of production, not out of government decrees. The best way to raise wages, therefore, is to raise marginal labor productivity. The more the individual worker produces, the more he increases the wealth of the whole community. The more he produces, the more his services are worth to consumers, and hence to employers. And the more he is worth to employers, the more he will be paid. —Henry Hazlitt

1026: Henry Hazlitt – Government Spending Destroys Jobs

F1026: Henry Hazlitt - Government Spending — For every dollar that the government spends on public works one less dollar was spent by the taxpayers to meet their own wants and for every public job created one private job was destroyed. —Henry Hazlitt

For every dollar that the government spends on public works one less dollar was spent by the taxpayers to meet their own wants and for every public job created one private job was destroyed. —Henry Hazlitt