Monday, August 15, 2011
Henry Hazlitt (1894 - 1993)
The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.
Henry Hazlitt
Sunday, August 14, 2011
John Murray (1741 - 1815)
Saturday, August 13, 2011
William Ewart Gladstone (1809 - 1898)
There should be a sympathy with freedom, a desire to give it scope, founded not upon visionary ideas, but upon the long experience of many generations within the shores of this happy isle, that in freedom you lay the firmest foundations both of loyalty and order; the firmest foundations for the development of individual character; and the best provision for the happiness of the nation at large. William Gladstone
Friday, August 12, 2011
Ludwig Heinrich Edler von Mises (1881 - 1973)
Thursday, August 11, 2011
Friedrich August Hayek (1899 - 1992)
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. To the naive mind that can conceive of order only as the product of deliberate arrangement, it may seem absurd that in complex conditions order, and adaptation to the unknown, can be achieved more effectively by decentralizing decisions and that a division of authority will actually extend the possibility of overall order. Yet that decentralization actually leads to more information being taken into account.
o The Fatal Conceit : The Errors of Socialism (1988), p. 76
Wednesday, August 10, 2011
Bill Richardson
Tuesday, August 9, 2011
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