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Concentrated power is not rendered harmless by the good intentions of those who create it.
Columbus did not seek a new route to the Indies in response to a majority directive.
And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?
A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
Nothing is so permanent as a temporary government program.
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
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