A Free-Market Energy Blog


Posts from December 0

Political Economy 101: Some Quotations to Ponder

By Robert Bradley Jr. -- November 8, 2012

The recent election is reason to step back and examine the dangerous institution of politics and why it needs to be a small part of everyday life. Two very wise men said as much long ago. Voltaire (in 1764): “In general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other.” Bastiat (in 1848): “The State is the great fiction through which everyone endeavors to live at the expense of everyone else.”

And to the 20th century and H. L. Menken (in 1924) who likened “a good politician, under democracy” to “an honest burglar.”

And now for two 21st century observations, one from on-high and the other from the ground:

“When government undertakes tasks for which it is ill equipped it squanders the authority necessary for carrying out its core responsibilities.