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Archive for the 'Economists' Category

More Stupidity from the Ed Biz

Thursday, January 3rd, 2013

But the very commonness of common sense makes it unlikely to have any appeal to the anointed. How can they be wiser and nobler than everyone else while agreeing with everyone else?

Quote of the Day 12/16/09

Wednesday, December 16th, 2009

Is it really likely that a National Planning Officer would have a better judgement of ‘the number of cars, the number of generators, and the quantities of frozen foods we are likely to require in, say, five years,’ than Ford or General Motors etc., and, even more important, would it even be desirable that various companies in an industry all act on the same guess? Friedrich Hayek.

Quote of the Day 12/8/09

Tuesday, December 8th, 2009

Memo to EPA: CO2 is plant food. It’s a byproduct of breathing. It makes one wonder about the impact of sex on the environment. After all, breathing hard produces more CO2 than watching TV. Just thought I’d mention it.

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.

Quote of the Day 9/2/09

Wednesday, September 2nd, 2009

If you don’t believe in the innate unreasonableness of human beings, just try raising children. Thomas Sowell – Barbarians Inside the Gates Another thing that saddens me is how long it takes for our children to grow up. The response of “That’s just your opinion” that I referenced yesterday is a symptom of the childish […]

Quote of the Day 8/30/09

Sunday, August 30th, 2009

I say thank God for government waste. If government is doing bad things, it’s only the waste that prevents the harm from being greater. Milton Friedman – Interview with Richard Heffner on The Open Mind (7 December 1975) Of all the concerns I have about the current administration, it is the plethora of czars that […]

Quote of the Day 8/29/09

Saturday, August 29th, 2009

I am certain that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice. Friedrich Hayek – Economic Freedom and Representative Government Every time I hear the democrat party talk about social justice or economic justice, I know I’m about to get my […]

Quote of the Day 8/23/09

Sunday, August 23rd, 2009

Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God. Thomas Sowell – Random Thoughts In terms of non-fiction, I’ve probably read more books by Dr. Sowell than any other writer. He knows a lot about his areas of expertise, and backs up what he […]

Quote of the Day 8/20/09

Thursday, August 20th, 2009

The chief evil is unlimited government, and nobody is qualified to wield unlimited power. Friedrich Hayek – The Constitution of Liberty I like this much better than that bit about absolute power corrupting…. Why? It’s simple. Please explain to me how exactly folks like Hitler and Stalin were corrupted by power. They weren’t. There is […]

Quote of the Day 8/15/09

Saturday, August 15th, 2009

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. Adam Smith.