Quotes About Policy

True regulation is for the equal benefit of the consumer and the investor, and the only man who will suffer from true regulation is the speculator or the unscrupulous promoter who levies tribute equally from the man who buys the service and from the man who invests his savings in this great industry.

We have always known that heedless self interest was bad morals, we now know that it is bad economics.

To enter the United States, I had to fill out a form declaring that I was neither a communist nor a homosexual—a requirement that was dropped only in 1990.

Under President Obama's new health care law, Medicaid will become a very different health coverage program than first envisioned.

The Long Telegram'.

Unfortunately the global warming hysteria, as I see it, is driven by politics more than by science.

A claim for equality of material position can be met only by a government with totalitarian powers.

I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception.

It is bad policy to regulate everything... where things may better regulate themselves and can be better promoted by private exertions but it is no less bad policy to let those things alone which can only be promoted by interfering social power.

Breeze shrugged. "Manipulation works so well on a personal level, i don't see why it wouldn't be an equally viable national policy.

War is the last option of the state that has failed

Manipulation works so well on a personal level, I don't see why it wouldn't be an equally viable national policy.

The prospect that a person will be killed according to the policy he promulgates prompts the [priest] to urge clemency, an incomprehensible position logically.

Big changes don't happen at the battlefield; they are made in closed rooms where very powerful people decide in which direction things should go.

Its main responsibility is health spending, but it oversees a lot of other things as well. Education, culture, and so on.

Will mankind never learn that policy is not morality--that it never secures any moral right, but considers merely what is expedient?

For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs $1,000,000 the taxpayers will lose $1,000, 000. They will have that much taken away from them which they would otherwise have spent on the things they needed most.

Here we shall have to say simply that all government expenditures must eventually be paid out of the proceeds of taxation; that inflation itself is merely a form, and a particularly vicious form, of taxation.

the belief that public works necessarily create new jobs is false. If the money was raised by taxation, we saw, then for every dollar that the government spent on public works one less dollar was spent by the taxpayers to meet their own wants, and for every public job created one private job was destroyed.

THE WHOLE ARGUMENT of this book may be summed up in the statement that in studying the effects of any given economic proposal we must trace not merely the immediate results but the results in the long run, not merely the primary consequences but the secondary consequences, and not merely the effects on some special group but the effects on everyone.

there is a second main factor that spawns new economic fallacies every day. This is the persistent tendency of men to see only the immediate effects of a given policy, or its effects only on a special group, and to neglect to inquire what the long-run effects of that policy will be not only on that special group but on all groups. It is the fallacy of overlooking secondary consequences.

ECONOMICS, as we have now seen again and again, is a science of recognizing secondary consequences. It is also a science of seeing general consequences. It is the science of tracing the effects of some proposed or existing policy not only on some special interest in the short run, but on the general interest in the long run.

Inflation itself is a form of taxation.