logo

Quotes About Government

En teoría el impuesto era pagado por los productores de los artículos afectados, pero en la práctica recaía sobre los consumidores, pues los productores se limitaban a agregar el impuesto a sus precios. Incluso el vaso de cerveza o whisky que consumía o cada pipa que fumaba estaban sujetos a impuestos. Como lo dijo Burns, su negocio era «oprimir al publicano y al pecador con las ruedas despiadadas de los impuestos interiores».
~ Niall Ferguson
Financial market data – specifically, movements in the prices of government bonds – strongly reinforce the impression that the war came as a surprise to the people who had the biggest incentive to anticipate it.
~ Niall Ferguson
Or, to reassure the bond market, does it cut expenditures in some other area, upsetting voters or vested interests? Or does it try to reduce the deficit by raising taxes?
~ Niall Ferguson
now Rothschild was providing Europe with a new social elite by   raising up the system of government bonds to supreme power . . . [and] endowing money with the former privileges of land. To be sure, he has thereby created a new aristocracy, but this is based on the most unreliable of elements, on money . . . [which] is more fluid than water and less steady than the air . . .32
~ Niall Ferguson
en Latinoamérica las constituciones se utilizan como instrumentos para subvertir el propio imperio de la ley
~ Niall Ferguson
It is hard to believe that Gladstone would have ordered the invasion of Egypt in 1882 if the Egyptian government had not threatened to renege on its obligations to European bondholders, himself among them.
~ Niall Ferguson
the Government National Mortgage Association (Ginnie Mae), which was to cater to poor borrowers like military veterans, and a rechartered Fannie Mae, now a privately owned government sponsored enterprise (GSE), which was permitted to buy conventional as well as government-guaranteed mortgages.
~ Niall Ferguson
In the Philippines, formalizing home ownership was until recently a 168-step process involving fifty-three public and private agencies and taking between thirteen and twenty-five years.
~ Niall Ferguson
Can a non-Western power really hope to benefit from downloading Western scientific knowledge, if it continues to reject that other key part of the West's winning formula: the third institutional innovation of private property rights, the rule of law and truly representative government?
~ Niall Ferguson
Creo que tenemos la peculiar idea de que nuestro gobierno es perfecto sin saber real y verdaderamente cómo funciona».72
~ Niall Ferguson
Giving the world's poor mobile telephony is proving easier than providing them with clean water – an argument, perhaps, for leaving the provision of clean water to the private sector rather than weak, corrupt governments.
~ Niall Ferguson
government had degenerated into what has been called an 'administrative' or 'managerial' state, hierarchical and bureaucratic in its mode of operation, dedicated to generating ever more complicated regulation that had precisely the opposite effect of that intended.
~ Niall Ferguson
every one per cent increase in the Bank of England's base lending rate correlated with a three per cent drop in government popularity.
~ Niall Ferguson
Complexity is not cheap; on the contrary, it is very expensive indeed. The administrative state has found an easy solution to the problem of increasing the volume of public 'goods' without making commensurate increases to taxation, and that is to finance current government consumption through borrowing.
~ Niall Ferguson
Franklin had admitted that the colonies had different forms of government, different laws, different interests, and some of them different religious persuasions and different manners. Their jealousy of each other is so great that however necessary an union of the colonies has long been, for their common defence and security against their enemies, and how sensible soever each colony has been of that necessity, yet they have never been able to effect such an union among themselves.
~ Niall Ferguson
They've got the usual Socialist disease — they've run out of other people's money.
~ Niall Ferguson
As early as 1975 she had come up with a wonderful line about the Labour Party: "They've got the usual Socialist disease — they've run out of other people's money.
~ Niall Ferguson
The popular view was that (as in the 1790s) the blood tax – l'impôt du sang – should be borne by all
~ Niall Ferguson
The British Empire was the nearest thing there has ever been to a world government. Yet its mode of operation was a triumph of minimalism.
~ Niall Ferguson
For the majority of mortgages continued to enjoy an implicit guarantee from the government-sponsored trio of Fannie, Freddie or Ginnie, meaning that bonds which used those mortgages as collateral could be represented as virtually government bonds, and hence 'investment grade'.
~ Niall Ferguson
between economic freedom and government regulation? Chapter 2 will address these issues. The specific question I ask is how far very complex regulation has become the disease of which it purports to be the cure, distorting and corrupting both the political and the economic process.
~ Niall Ferguson
The idea was to reinvent mortgages by bundling thousands of them together as the backing for new and alluring securities that could be sold as alternatives to traditional government and corporate bonds - in short, to convert mortgages into bonds.
~ Niall Ferguson
Governments (and large corporations) issue bonds as a way of borrowing money from a broader range of people and institutions than just banks.
~ Niall Ferguson
For a Monarchy readily becomes a Tyranny, an Aristocracy an Oligarchy, while a Democracy tends to degenerate into Anarchy. So that if the founder of a State should establish any one of these three forms of Government, he establishes it for a short time only, since no precaution he may take can prevent it from sliding into its contrary, by reason of the close resemblance which, in this case, the virtue bears to the vice.
~ Niccolo Machiavelli