Monday, December 31, 2012

Quotes for life

The ONLY disability in life is a bad attitude.--Matthew Jeffers via Peter King

Totalitarianism didn’t come quickly, it took 5 years from 1938 until 1943, to realize full dictatorship in Austria. Had it happened overnight, my countrymen would have fought to the last breath. Instead, we had creeping gradualism. Now, our only weapons were broom handles. The whole idea sounds almost unbelievable that the state, little by little eroded our freedom.--Kitty Werthmann 

When we try to eliminate bad things via more laws and top-down policies, it just creates a more capricious and unjust world. The solution is not more laws, but fewer. --Eric Falkenstein

Saturday, December 15, 2012

Best fake commercial, evah, and boy, can Jean-Baptiste Say sing!

Via Greg Mankiw.

Quotes of the day

... common sense is nothing more than a deposit of prejudices laid down in the mind before you reach eighteen.--Albert Einstein

Yeah, [life before winning a record lottery jackpot] was a lot easier then.--Jack Whittaker

The comfortable society is not necessarily the good society, and while a future that promises mass idleness and mass isolation might be more stable than demographic pessimists suspect, that doesn’t make it a future where I’d particularly want to live, let alone one I’d feel happy bequeathing to my daughters and generations after them.--Ross Douthat

Five years ago, the United States' budget deficit equaled 1.5 percent of GDP and its national debt stood at 36 percent of GDP. This year, the deficit will exceed $1 trillion, or seven percent of U.S. GDP. Over the same period, the debt ratio has doubled to 73 percent of GDP. --Martin Feldstein