If the average citizen understood the basics of economics that was understood 200 years ago, most of the nonsense that is done in Washington would be impossible today. —Thomas Sowell
If the average citizen understood the basics of economics that was understood 200 years ago, most of the nonsense that is done in Washington would be impossible today. —Thomas Sowell
The most important change which extensive government control produces is a psychological change, an alteration in the character of the people.
This is necessarily a slow affair, a process which extends not over a few years but perhaps over one or two generations.
The important point is that the political ideals of a people and its attitude toward authority are as much the effect as the cause of the political institutions under which it lives.
This means, among other things, that EVEN a strong tradition of political liberty is no safeguard if the danger is precisely that new institutions and policies will gradually undermine and destroy that spirit.
