A Quote by Vince Cable
Britain is no longer one of the world's price setters. It is painful. It is a challenge to us in government to explain all that, and it is a pity that the political class is not preparing the public for it to understand how massive the problem is.
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The problem is we have a Wall Street-to-Washington access of power that has controlled the political climate. The donor class feeds the political class who does the dance that the donor class wants. And the result is federal government keeps getting bigger.
The moment you have massive social and political commentary trying to explain a phenomenon, then you know we are no longer dealing with a strictly psychiatric question.
For the problem of decision-making in our complicated world is not how to get the problem simple enough so that we can all understand it; the problem is how to get our thinking about the problem as complex as humanly possible--and thus approach (we can never match) the complexity of the real world around us.
There is no difference in a country between military, economic, and political affairs. It's useful for Business Insider to divide things that way. That's useful for a college program. But a country is a country. How do you understand China's economy without China's army? If you take these all into account you're ready to explain a question like, "How come the US doesn't have a debt problem?"
...the greatest political problem facing the world today is...how to curb the oppressive power of government, how to keep it within reasonable bounds.
I've been concerned about ethics in government for a long time. And the problems we've had under President Trump are only indicative of the longer-term problem of the erosion of public office and government.
When people abuse these freedoms to enrich themselves at the expense of others, then the public will demand the government to step in. That is how government grows, and how freedom is diminished.... When financial meltdowns occur, the public's outrage drives government to take over part of the private sector. When the government does so, it replaces irresponsible executives with unaccountable bureaucrats. That takes us out of the frying pan and into the fire.
Oh may He look on us with love and pity and then we shall be able to do anything He wishes us to do, no matter how difficult to accomplish or painful to our feeling.
Does each of us need to suffer agony to understand how brutal our gridiron entertainment is? Surely, seeing is believing enough. So, what is football doing to us as a people? How do we explain an America that alone in the world so loves this savage sport?
Government grows despite repeated failures to serve the public well because government's purpose no longer is to serve the public. Government now serves primarily the interests of those who work for the government.
In any crass political calculation, drilling for oil will always win more votes than putting a price on carbon. But if I recall what I was taught in fifth-grade American government class, we elect presidents to do more than crass political calculations.
What everybody forgets is that when I was a journalist in Britain and in the United States, I was always a Canadian. And the price of expatriation does not go down, it goes up. I never felt part of the political common sense of Britain. I never felt it in the United States. I had no natural home in Britain and the U.S.
There are simply no public figures today who so challenge the elite business and government establishment and so champion the working class as Jimmy Hoffa did almost daily and with arrogance.
The whole first year of my career was a public vote. I know exactly where I've come from and the public played a massive part and I'll never forget that, but I shouldn't have to explain to anyone I need a break.
Democracy, taken in its narrower, purely political, sense, suffers from the fact that those in economic and political power possess the means for molding public opinion to serve their own class interests. The democratic form of government in itself does not automatically solve problems; it offers, however, a useful framework for their solution. Everything depends ultimately on the political and moral qualities of the citizenry.
I call this the Fundamental Problem of Political Economy. How do we limit the power that idiots have over us? ... [Milton] Friedmans insight is that a market limits the power that others have over us; conversely, limiting the power that others have over us allows us to have markets. Friedman argued that no matter how wise the officials of government may be, market competition does a better job of protecting us from idiots.
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