If you bound the arms and legs of gold medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool, and he sank, you wouldn’t call it a “failure of swimming.” So, when markets have been weighed down by inept and excessive regulation, why call this a “failure of capitalism?”
One of the saddest lessons of history is this: If we’ve been bamboozled enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give the charlatan power over you, you almost never get it back.
When presented with a choice between two evils, do not choose the lesser. Choose the exit.
I know of no American who starts from a higher level of aspiration than the journalist… He plans to be both an artist and a moralist – a master of lovely words and merchant of sound ideas. He ends, commonly, as the most depressing jackass of his community – that is, if his career goes on to what is called a success.
Doing good with other people’s money has two basic flaws. In the first place, you never spend anybody else’s money as carefully as you spend your own. So a large fraction of that money is inevitably wasted. In the second place, and equally important, you cannot do good with other people’s money unless you first get the money away from them. So that force – sending a policeman to take the money from somebody’s pocket – is fundamentally at the basis of the philosophy of the welfare state.
The two most important things to do for self-defense are not to take a martial arts class or get a gun, but to think like the opposition and know where you’re most at risk.
If you look at the people in your circle and don’t get inspired, then you don’t have a circle. You have a cage.
Love doesn’t mean a state of perfect caring. To love someone is to strive to accept that person exactly the way he or she is, right here and now – and to go on caring through the joyful times and through the times that may bring us pain.
Train people well enough that they can leave. Treat them well enough so they don’t want to.
Calling for more gun control is an admission that gun control doesn’t work.