Thursday, September 23, 2010

Quote of the Day

Government cannot make man richer, but it can make him poorer.
– Ludwig von Mises

Saturday, September 18, 2010

The Foundation for Economic Education

"FEE’s vision—the ideal we are striving to achieve—is a world where people flourish in a free and civil society. In such a world the individual’s creative, productive energies are unleashed; private property and the sanctity of contract are upheld; the use of force is confined to protecting the peace; competitive markets allocate scarce resources; and honesty is universally regarded as the best policy in both public and private affairs."

"Politics is not our bailiwick. Indeed, we seek to de-politicize life. We want to enlighten public discussion by emphasizing that there is (and ought to be) much more to life in a free and civil society than the political apparatus. We do not advise politicians how to employ the use of force, but rather we make the case against the initiation of force, period."

From What We Believe
By Lawrence Reed (President of the FEE)

(Great article)

P.S. Definition for bailiwick (cuz I for one definitely had to look that up...)

Friday, September 17, 2010

Reading List

Myths, Lies, and Downright Stupidity
Basic Economics
Freakonomics 
Healing Our World in an Age of Aggression

Quote of the Day

Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves.
- Herbert Hoover

Monday, September 13, 2010

Quote of the Day

There is only one boss--the customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.
- Sam Walton

Saturday, September 11, 2010

Quote of the Day

It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is a challenge to the conceit of those in power.
- Ludwig von Mises.

Friday, September 10, 2010

Quote of the Day

A creative economy is the fuel of magnificence.
- Ralph Waldo Emerson