Monday, May 11, 2009

Basic Economics

To expect the government to prevent such fraud from ever occurring would be like wanting it to provide cushions for all the children who might fall...

It means forgetting that the execution of these regulations is always entrusted to men who may have all the more interest in fraud or in conniving at fraud since the fraud which they might commit would be covered in some way by the seal of public authority... [More]
See, if this guy were running for public office today, he'd be dismissed as unelectable. A candidate with no principles but better chances would be the one everyone but a few would get behind, and they would be ridiculed and dismissed with contempt as "Turgbots."

3 comments:

Defender said...

Good spotting, David.

Those who want to be protected by others from everyone and everything, including their own bad choices, have laid out specifications for ... a padded cell.

In asking government to do the protecting, they make government a monopoly, which removes the competition that ensures economic consequences for bad service.

jon said...

they'd also make fun of his first name, which begins with "anne," and is actually three names. ("three first names!")

HardCorps said...

David,

I am so glad you found that website of truth! I've been reading their book for years and they have the only consistent framework for liberty, economics, and advancing society. Living in peace with respect for others is the right way. If you think promoting guns will yield alienation, just try saying 'human beings do not need a abusive coercive group to lord over them until death.'

You rock man!!!