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Archive for the 'Economics' Category

Quote of the Day 12/9/09

Wednesday, December 9th, 2009

If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them. Alexander Hamilton.

Quote of the Day 12/7/09

Monday, December 7th, 2009

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded…are the work of an extremely small minority…. Whenever this tiny minority is kept from creating…the people then slip back into abject poverty. This is known as “bad luck.” Robert A. Heinlein.

Rationality in Education Part 1

Thursday, December 3rd, 2009

I know of a very successful family where a brother and a sister are both executives with their respective employers. Both of these employers are leaders in their industries, with annual revenues north of $20,000 million. I don’t know each of them make, but it is not unreasonable to assume their salaries are each north […]

Abortion as a solution to climate change…

Monday, November 23rd, 2009

UN representative says that climate change pushes women into prostitution. Fortunately, abortion is here to save the day…

Quote of the Day 11/22/09

Sunday, November 22nd, 2009

Every law that was ever written opened up a new way to graft. – Robert A. Heinlein

Quote of the Day 11/12/09

Thursday, November 12th, 2009

When A annoys or injures B on the pretense of saving or improving X, A is a scoundrel.
H.L. Mencken – Newpaper Days

The boy mayor strikes again…

Tuesday, November 10th, 2009

For those not from the Pittsburgh area, when our last grown-up mayor had the ill manners to expire before his term did…

Quote of the Day 11/9/09

Monday, November 9th, 2009

See, when the Government spends money, it creates jobs; whereas when the money is left in the hands of Taxpayers, God only knows what they do with it. Bake it into pies, probably…

Quote of the Day 11/6/09

Friday, November 6th, 2009

I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents. James Madison.

Quote of the Day 10/29/09

Thursday, October 29th, 2009

A major source of objection to a free economy is precisely that it … gives people what they want instead of what a particular group thinks they ought to want.