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2010 October 22
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"[I]f the public are bound to yield obedience to laws
to which they cannot give their approbation,
they are slaves to those who make such laws and enforce them." |
"Legislators like pork because it helps them get reelected. They are interested in administrative details because long tenure promotes narrow specialization. The constituent service racket allows lawmakers to ignore big problems by fixing small ones. In becoming ombudsman -- glorified errand boys, -- incumbents build up enough good will for most to survive even a watershed year like 1992. By ending congressional careerism, term limits will encourage attention to larger legislative issues. By changing the understanding of the legislator's role, term limits are probably the most effective single reform that can be imposed on Congress. And imposed it will have to be: While great majorities of the American people support term limits, lawmakers oppose them in even larger proportions. With a career Congress, voters face a dilemma: They do not like paying taxes to Washington and hoping to get them back in the form of pork and entitlements, but as long as the system is rigged, it makes sense to vote for the incumbent to maximize your own take. Congressmen face a similar dilemma: Take the easy road to reelection or face the often difficult choices of balancing local and national interests. Take away the career mindset and both representatives and voters can make choices based on the merits of each case. ... In fact, one of the biggest benefits of non-professional legislators is that they would be unlikely to join with the bureaucrats and special interests in blowing smoke at the voters." |
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2010 October 21
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"To blindly trust government is to automatically vest it with excessive power. To distrust government is simply to trust humanity - to trust in the ability of average people to peacefully, productively coexist without some official policing their every move. The State is merely another human institution - less creative than Microsoft, less reliable than Federal Express, less responsible than the average farmer husbanding his land, and less prudent than the average citizen spending his own paycheck." |
"The control of the production of wealth is the control of human life itself." |
"Usurpation, the exercise of power not granted, is not legitimized by repetition." |
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2010 October 20
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"Slow are the steps of freedom, but her feet turn never backward." |
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"Liberty, next to religion has been the motive
of good deeds and the common pretext of crime..." |
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2010 October 19
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Phil Donohue: When you see around the globe the maldistribution of wealth, the desperate plight of millions of people in underdeveloped countries, when you see so few haves and so many have-nots, when you see the greed and the concentration of power, did you ever have a moment of doubt about capitalism? And whether greed is a good idea to run on?
Milton Friedman: Well first of all tell me, is there some society you know that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed? Of course none of us are greedy. It's only the other fella that's greedy. The world runs on individuals pursuing their separate interests. The greatest achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way. In the only cases in which the masses have escaped from the kind of grinding poverty that you are talking about, the only cases in recorded history are where they have had capitalism and largely free trade. If you want to know where the masses are worst off, it's exactly in the kind of societies that depart from that. So that the record of history is absolutely crystal clear, there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
Phil Donohue: Seems to reward not virtue as much as the ability to manipulate the system.
Milton Friedman: And what does reward virtue? You think the Communist commissar rewards virtue? You think a Hitler rewards virtue? Do you think... American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of political clout? Is it really true that political self-interest is nobler somehow than economic self-interest? You know I think you are taking a lot of things for granted. And just tell me where in the world you find these angels that are going to organize society for us? Well, I don't even trust you to do that. |
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2010 October 18
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"The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would ... assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it." |
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"Many laws as certainly make bad men, as bad men make many bad laws." |
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