Lionel “Robbins defined economics as the science concerned with the implications of the insight that men are economizing individuals who seek to allocate given scarce resources among given competing ends.”
Israel M. Kirzner in Edwin G. Dolan, ed., The Foundations of Modern Austrian Economics
“as any engineer or architect will confirm, there is no such thing as a perfect design. Every solution represents an unhappy compromise among conflicting objectives.”
Michael Rothschild, Bionomics: The Inevitability of Capitalism
In my latest Loonie Politics column I urge Doug Ford to put aside populist bluster and take advice from the experts who’ve spoken at our Economic Education Association of Alberta conferences on fixing problems in government by relying on sound ideas.
Yes, my CFRA appearance has moved from Friday at 1:30 to Wednesday at 12:30 at least for now.
“that native industry and perseverance common to all men when they are protected by a government which demands but little for its protection, when they are permitted to enjoy a system of rational laws founded on perfect freedom.”
J. Hector St. John de Crevecoeur, Letters from an American Farmer
“that valuable if unconsidered thing that is one of the two for which civilization was principally originated, which are warmth and dryness...”
Lord Dunsany Up In The Hills