On Government

Milton Friedman, Nobel Prize-winning economist:

“There are four ways in which you can spend money:

1. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money.
2. You can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost.
3. I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch!
4. I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get.

That’s government, and that’s close to 40% of our national income.”

Source unknown:

“The last official act of any government is to loot the treasury.”

George Washington, first elected president of the United States of America:

“Government is not reason; it is not eloquence; it is force. Like fire, it is a dangerous servant and a fearful master.”

Thomas Jefferson, third president of the United States of America and author of the Declaration of Independence:

“That government is best which governs the least, because its people discipline themselves.”

“When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.”

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government.”

(Related reading: An Open Letter to High School Students)

This entry was posted on July 14, 2009 at 4:40 pm, and is filed under Quotes. Bookmark the permalink. Follow any comments here with the RSS feed for this post.