free association: The End of Sound Money and the Triumph of Crony Capitalism - David Stockman

The End of Sound Money and the Triumph of Crony Capitalism - David Stockman - Mises Daily

Favorite Quotes

The way to crush the bourgeois is to grind them between the millstones of taxation and inflation. - V.I. Lenin

Government 'help' to business is just as disastrous as government persecution... the only way a government can be of service to national prosperity is by keeping its hands off. - Ayn Rand

They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Ben Franklin

The capitalist system has lifted mankind out of mass poverty. It is this system that in the last century and in the last generation, has progressively changed the face of the world, and has provided the masses of mankind with amenities that even kings did not posses or imagine a few generations ago. - Henry Hazlitt

The American people will never knowingly adopt socialism. But, under the name of “liberalism”, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened..I no longer need to run as a Presidential Candidate for the Socialist Party. The Democratic Party has adopted our platform. - Norman Thomas

So long as the people do not care to exercise their freedom, those who wish to tyrannize will do so; for tyrants are active and ardent, and will devote themselves in the name of any number of gods, religious and otherwise, to put shackles upon sleeping men. - Voltaire, 1764

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Thursday, August 30, 2012

The End of Sound Money and the Triumph of Crony Capitalism - David Stockman - Mises Daily

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