Wednesday, April 15, 2009
Quote of the day
Something for Obamaniacs to consider ...
"The intrusion of politics into economics is simply an evidence of human ignorance or arrogance. Since the beginning of political institutions, there have been attempts to fix wages, control prices, and create capital, all resulting in failure. Such undertakings must fail because the only competence of politics is in compelling men to do what they do not want to do or to refrain from doing what they are inclined to do, and the laws of economics do not come within that scope."
-- Frank Chodorov, The Rise and Fall of Society
"The intrusion of politics into economics is simply an evidence of human ignorance or arrogance. Since the beginning of political institutions, there have been attempts to fix wages, control prices, and create capital, all resulting in failure. Such undertakings must fail because the only competence of politics is in compelling men to do what they do not want to do or to refrain from doing what they are inclined to do, and the laws of economics do not come within that scope."
-- Frank Chodorov, The Rise and Fall of Society
# posted by Joltin' Django @ Wednesday, April 15, 2009 
