A Quote by Ayn Rand

All "public interest' legislation (and any distribution of money taken by force from some men for the unearned benefit of others) comes down ultimately to the grant of an undefined undefinable, non-objective, arbitrary power to some government officials. The worst aspect of it is not that such a power can be used dishonestly, but that it cannot be used honestly. The wisest man in the world, with the purest integrity, cannot find a criterion for the just, equitable, rational application of an unjust, inequitable, irrational principle.

Ayn Rand

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Any Application Arbitrary Arbitrary Power Aspect Benefit Cannot Distribution Down Equitable Find Force Government Government Officials Grant Honestly Integrity Interest Irrational Just Legislation Man Men Money Objective Officials Others Power Principle Public Public Interest Purest Rational Some Some Men Taken Ultimately Undefined Unjust Used Wisest Wisest Man World Worst

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Ayn Rand
Russian - Writer
February 2, 1905 - March 6, 1982

The President can exercise no power which cannot be fairly and reasonably traced to some specific grant of power in the Federal Constitution or in an act of Congress passed in pursuance thereof. There is no undefined residuum of power which he can exercise because it seems to him to be in the public interest.

William Howard Taft

By deriving it's just powers from the governed, government becomes primarily a mechanism for defense against bodily harm, theft, and involuntary servitude. It cannot claim the power to redistribute money or property nor to force reluctant citizens to perform acts of charity against their will. Government is created by the people. No individual possesses the power to take another's wealth or to force others to do good, so no government has the the right to do such things either. The creature cannot exceed the creator.

Ezra Taft Benson

Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others.

Ayn Rand

For power can guarantee the interests of some men but it can never foster the good of man. Power always protects the good of some at the expense of all the others. Only love can attain and preserve the good of all. Any claim to build the security of all on force is a manifest imposture.

Thomas Merton

The power to destroy the world by the use of nuclear weapons is a power that cannot be used - we cannot accept the idea of such monstrous immorality.

Linus Pauling

Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.

Louis O. Kelso

A penny here, and a dollar there, placed at interest, goes on accumulating, and in this way the desired result is attained. It requires some training, perhaps, to accomplish this economy, but when once used to it, you will find there is more satisfaction in rational saving than in irrational spending.

P. T. Barnum

I believe that Americans should be deeply skeptical of government power. You cannot trust people in power. The founders knew that. That's why they divided power among three branches, to set interest against interest.

James Comey

Semiotics is in principle the discipline studying everything which can be used in order to lie. If something cannot be used to tell a lie, conversely it cannot be used to tell the truth: it cannot in fact be used "to tell" at all.

Umberto Eco

The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.

Milton Friedman

Money power cannot be separated from democratic power without miscarriage and ensuing frustration - political and economic. Democracy implies the sovereignty of man; and, since man cannot be sovereign without the money power, there can not be democracy under the political money system.

E.C. Riegel

Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.

Ayn Rand

Love is power, the purest power and the greatest power: Love is God. Nothing can be higher than that. But this power is not a desire to enslave others, this power is not a destructive force. This power is the very source of creation. This power is creativity. And this power will transform you totally into a new being. It has no concern with anybody. Its whole concern is to bring your seeds to their ultimate flowering.

Rajneesh

The term "rational" and its variants (rationality, rationalism) are used in a lot of contexts in economic debate, both positively and negatively, but nearly always sloppily or dishonestly. A specimen I've seen on more occasions than I can count is the line (usually presented with a sense of witty originality) "if you are opposed to economic rationalism, you must be in favor of economic irrationalism"... I've come to the conclusion that the word "rational" has no meaning that cannot better be conveyed by some alternative term and that the best advice is probably to avoid it altogether.

John Quiggin

The necessity for power is obvious, because life cannot be lived without order; but the allocation of power is arbitrary because all men are alike, or very nearly. Yet power must not seem to be arbitrarily allocated, because it will not then be recognized as power. Therefore prestige, which is illusion, is of the very essence of power.

Simone Weil

I have never been able to conceive how any rational being could propose happiness to himself from the exercise of power over others... An honest man can feel no pleasure in the exercise of power over his fellow citizens.... Power is not alluring to pure minds and is not with them the primary principle of contest.

Thomas Jefferson

A Quote by Ayn Rand

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