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"The statesman who would attempt to direct private people in what manner they ought to employ their capitals, would not only load himeslf with a most unnecessary attention, but assume an authority which could safetly be trusted to no council and senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it."
Adam Smith
"It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own neccessities but of their advantages."
Adam Smith
"The uniform, constant and uninterrupted effort of every man to better his condition, the principle from which public and national, as well as private opulence is originally derived, is frequently powerful enough to maintain the natural progress of things toward improvement, in spite both of the extravagance of government, and of the greatest errors of administration. Like the unknown principle of animal life, it frequently restores health and vigour to the constitution, in spite, not only of the disease, but of the absurd prescriptions of the doctor."
Adam Smith
"Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer."
Adam Smith
"The statesman who would attempt to direct private people in what manner they ought to employ their capitals, would not only load himeslf with a most unnecessary attention, but assume an authority which could safely be trusted to no council and senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it."
Adam Smith
"A national debt, if it is not excessive, will be to us a national blessing."
Alexander Hamilton
"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
Alexis de Tocqueville
"A democratic government is the only one in which those who vote for a tax can escape the obligation to pay it."
Alexis de Tocqueville
"Collecting more taxes than is absolutely necessary is legalized robbery."
Calvin Coolidge
"If all the economists were laid end to end, they'd never reach a conclusion."
George Bernard Shaw
"Too much capitalism does not mean too many capitalists, but too few capitalists."
GK Chesterton
"I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on the objects of benevolence, the money of their constituents."
James Madison
"An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today."
Laurence Peter
"There can be no liberty unless there is economic liberty."
Margaret Thatcher
"Underlying most arguments against the free market is a lack of belief in freedom itself."
Milton Friedman
"Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want and their kids pay for it."
Richard Lamm
"Have we the courage and the will to face up to the immorality and discrimination of the progressive tax, and demand a return to traditional proportionate taxation?"
Ronald Reagan
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
Ronald Reagan
"We need true tax reform that will at least make a start toward restoring for our children the American Dream that wealth is denied to no one, that each individual has the right to fly as high as his strength and ability will take him."
Ronald Reagan
"One definition of an economist is somebody who sees something happen in practice and wonders if it will work in theory."
Ronald Reagan
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Adam Smith
Alexander Hamilton
Alexis de Tocqueville
Calvin Coolidge
George Bernard Shaw
GK Chesterton
James Madison
Laurence Peter
Margaret Thatcher
Milton Friedman
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Ronald Reagan
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