“The main difference between capitalism and socialism is this: Capitalism works.”
Dr. Mark J. Perry, Director of Center for World Capitalism at James Madison Institute, in The Freeman June 1995
“The main difference between capitalism and socialism is this: Capitalism works.”
Dr. Mark J. Perry, Director of Center for World Capitalism at James Madison Institute, in The Freeman June 1995
“The influence which writers of history thus exercise on public opinion is probably more immediate and extensive than that of political theorists who launch new ideas.”
Friedrich Hayek, quoted in appendix to R.M. Hartwell, “The Unfinished Agenda: Some Reflections on Completing the History of the Mont Pelerin Society”, September 1992
“Being for or against a natural phenomenon is a waste of time and mental energy.”
Michael Rothschild Bionomics: The Inevitability of Capitalism (which he considers a natural phenomenon)
“Capitalism flourishes whenever it is not suppressed...
Michael Rothschild, Bionomics: The Inevitability of Capitalism.
“It is better to play for nothing than to work for nothing.”
Adam Smith, quoted in Jan de Vries The Economy of Europe in an Age of Crisis, 1600-1750
“1st Officer Spock: Consider the alternatives, Mr. Scott./ Lt.-Cmd. Scott: We have no fuel! What alternatives?/ Mr. Spock: Mr. Scott, there are always alternatives.”
Star Trek “The Galileo Seven (1967)” quoted on imdb.com
“The anointed don’t like to talk about painful trade-offs. They like to talk about happy ‘solutions’ that get rid of the whole problem - at least in their imagination.”
Thomas Sowell Is Reality Optional?
In my latest Epoch Times column I write that China’s real environmental record shows how inefficient as well as dangerous dictatorships are. Far from being able to “turn on a dime” to green their economy or do any other praiseworthy thing, they suppress information, ignore costs, and lumber about doing wasteful harm.