Same topic Authors
Quote of the day

I'd like President Bush to think maybe there's another way to think, that maybe Kissinger was wrong when he says we had to go in there because he was wrong about Vietnam.

Popular Topics
Passive, Snows, Achievement, Poor, Ideas, Justice, Character, Reality, Future, Life, Fitness, Faith, Excellent, Gossip, Knowledge, Things In Life, Evidence, Angry, Alien, Private Life, Inspired, Live, I Like You, Butterfly, Wonder, Wonderful, Path Of Love, Beach, Humble, Beauty, Jesus, Book, Food, Journey, Kindly, Kids, New York, Thinking, Difference, Lives, Songs, Value Of Life, Subject, Philosophy, Technical, Perfect Love, Impossible, Today, Art, Stories
James M. Buchanan

You have to have a government to provide you with legal order, with stability, enforcement of property rights, enforcement of contracts, definition of rules and regulations - the rules of the game, so to speak - and to provide certain shared goods and services, public services. Several people have tried to estimate this and they come out with figures like government spending at 15% of GDP. In the modern world it has gone to 40% or above. So we are way beyond the optimal, and that is easier to say than what the optimum is.

Games, Gdp, Modern, Order, Several, World
Same Author Quotes

Politicians and bureaucrats are no different from the rest of us. They will maximize their incentives just like everybody else.

Different, Incentives, Like, Maximize, Politician, Rest

Liberals have lost the soul. We haven't recognized the necessity of defending our own system at the level of ideas. We have to get people to treat the idea of a free society as a civic religion or a faith. We need to fight for that faith.

Faith, Fighting, Ideas, Level, People, System

People share a universal behavioural trait: if there are profits to be made, the effort to get that money will attract investment. This is true in the private sector, the market sector, as well as the public sector.

Effort, Investment, People, Public, Universal

We want to limit the exploitation of the fiscal capacity of the richer regions by keeping down the rate of immigration to a level that would be meaningful and efficient. One way to do that is to have a scheme of equalization which essential bribes people to stay in the poorer regions.

Equalization, Exploitation, Immigration, Keeping, Meaningful, People

How would the US be different today if people coming off the boat were greeted with a welfare check instead of a shovel?

Boat, Different, People, Today, Welfare
Similar Quotes