Friday, December 11, 2009

Worthwhile Sentences on Bad Government

From Tyler Cowen: "China uses American spending power to enlarge its private sector, while America uses Chinese lending power to expand its public sector."

From Milton Friedman: "The minimum wage is a law saying that employers must discriminate against workers with low skills." or "We regard the minimum wage law as one of the most, if not the most, anti-black laws on the statute books."

From the Tax Foundation: "Remarkably, the share of the tax burden borne by the top 1 percent now exceeds the share paid by the bottom 95 percent of taxpayers combined."

From USA Today: "The marketplace doesn't determine how many doctors the nation has, as it does for engineers, pilots and other professions. The number of doctors is a political decision, heavily influenced by doctors themselves." (and also the government)

From Bryan Caplan: "In the thirties, governments had Four Year Plans. Today, they have Four Year from Now Plans - big policies that basically don't kick in until the next election."

*Past worthwhile sentences.

1 comment:

You are the reason why I do not write privately. I would love to hear your thoughts, whether you agree or not.