A Quote by Robert Higgs
Ironically, in the full-fledged transfer society, where governments busy themselves redistributing income by means of hundreds of distinct programs, hardly anyone is better off as a result.
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Corporations now govern society, perhaps more than governments themselves do; yet ironically, it is their very power, much of which they have gained through economic globalization, that makes them vulnerable.
Burma is not yet a full-fledged democracy. We have started working on the road to full democracy. We have a lot of things to do in order to build a democratic structure and to be become a full-fledged democracy.
Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening as deliberate policy in Europe and the United States. Falling or stagnant prices are simply the result of having less income to spend.
Where I come from, taxpayers get justifiably upset that illegals can keep getting aid when we are cutting programs that help full-fledged U.S. citizens.
Government income redistribution programs produce the same result as theft. In fact, that's what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality.
Bitcoin is getting there. But it’s not there yet. When it gets there, expect governments to panic and society to be reshaped into something where governments cannot rely on taxing income nor wealth for running their operations.
Helping the poor doesn't mean redistributing the wealth. It means removing the breaks that give the wealthy an advantage so huge that big chunks of the nation's income are automatically removed from individual economic competition.
Throughout history governments have been chronically short of revenue. The reason should be clear: unlike you and me, governments do not produce useful goods and services that they can sell on the market; governments, rather than producing and selling services, live parasitically off the market and off society.
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.
Notwithstanding what some regard as the institutionalization of compassion, the transfer society quashes genuine virtue. Redistribution of income by means of government coercion is a form of theft. Its supporters attempt to disguise its essential character by claiming that democratic procedures give it legitimacy, but this justification is specious. Theft is theft, whether it be carried out by one thief or by a hundred million thieves acting in concert. And it is impossible to found a good society on the institutionalization of theft.
In the compound republic of America, the power surrendered by the people is first divided between two distinct governments, and then the portion allotted to each subdivided among distinct and separate governments. Hence a double security arises to the rights of the people. The different governments will control each other, at the same time that each will be controlled by itself.
I can't find the compulsory mutilation of the genitals of children a subject for humor... It's designed to repress sexual pleasure... The full excision, not just the snip but the full mandatory covenant is fantastically painful, leads to trauma, leads to the dulling of the sexual relationship. And can be, in itself life-threatening at that moment. We have records, I can show them to you, of hundreds and hundreds and hundreds in the United States of boy babies who died or had life-threatening infections as a result of this disgusting practice.
The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his goal - an affluent level of income - solely by means of his labor.
Serious reading is hardly a social activity and every halfway serious reader is perpetually subject to a form of coitus interruptus. Family members or friends who lack the desire, the courage, or the opportunity to burst in on you when there's some indication that you could be sexually entwined will seldom hesitate to interject themselves between you and a page, even though the act of reading is often as intimate and intense as a full-fledged carnal embrace.
I think it's important for anyone who is artistic to look back on their body of work and be critical. Maybe the Beatles can look back and say everything was perfect, but we've come up with hundreds and hundreds of dishes, and anyone who is honest with themselves has to realize that every single one wasn't an absolute, unequivocal home run.
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