There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him.
Tag Archives: socialism
It is the selfish who demand that politicians take money from others, and redistribute it to themselves.
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Where the people fear the government you have tyranny.
Where the government fears the people you have liberty.
— John Basil Barnhill, Indictment of Socialism (#3), transcript of Barnhill-Tichenor Debate on Socialism (1914)
JEFFERSON NEVER SAID THIS. That’s right. We’re eventually going to come out with a list of false attributions we’ve discovered while trying to source them for our own use.
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A private job pays for itself and more, a form of wealth creation that is self-sustaining;
But a government job only sucks at taxes, burdening the economy, until the money runs out.
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That’s where all the foreign aid (which might be defined as a transfer from poor people in rich countries to rich people in poor countries) went as well.
The U.S. government still squanders about $20 billion a year this way, and European governments spend proportionally even more; it’s all gone straight down a giant rathole.
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It is beyond belief that we know so little about how people get rich or poor, about how it is they come to dwell in comfort and health or die in penury and disease.
Financial markets are the machines in which much of human welfare is decided; yet we know more about how our car engines work than about how our global financial system functions. We lurch from crisis to crisis. In a networked world, mayhem in one market spreads instantaneously to all others—and we have only the vaguest of notions how this happens, or how to regulate it.
So limited is our knowledge that we resort, not to science, but to shamans. We place control of the world’s largest economy in the hands of a few elderly men, the central bankers.
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