Posts in Government
Words Worth Noting - June 23, 2021

In 1890 Swedish economist Knut Wicksell “argued that if governments ran deficits then citizens were not being clear information about the costs and benefits of programmes which they were being asked to support as voters… If much of the cost could be transferred to a subsequent generation, citizens would select more government expenditure than if they had to carry the true costs of the benefits they received. This commitment to a balanced budget was not as naïve or rigid as some modern commentators like to suggest.”

Roger Douglas Unfinished Business

Words Worth Noting - June 13, 2021

“The Declaration of the Rights of Man at the end of the eighteenth century was a turning point in history. It meant nothing more nor less than that from then on Man, and not God’s command or the customs of history, should be the source of Law.”

Hannah Arendt The Origins of Totalitarianism