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Abraham Lincoln Quote

Let none falter, who thinks he is right, and we may succeed. But, if after all, we shall fail, be it so. We still shall have the proud consolation of saying to our consciences, and to the departed shade of our country’s freedom, that the cause approve of our judgment, and adored of our hearts, in disaster, in chains, in torture, in death, we NEVER faltered in defending.

ideas > Great thought from Whisky and Gunpowder Email Newsletter on May 11, 2011

Great thought from Whisky and Gunpowder Email Newsletter on May 11, 2011
But as the Tannehill’s argue persuasively, the free market provides solutions that governments would never dream of. “The big advantage of any action of the free market,” contend the Tannehills, “is that errors and injustices are self-correcting. Because competition creates a need for excellence on the part of each business, a free-market institution must correct its errors in order to survive. Government, on the other hand, survives not by excellence, but by coercion; so an error or flaw in a governmental institution can (and usually will) perpetuate itself almost indefinitely, with its errors being ‘corrected’ by further errors. Private enterprise must, therefore, always be superior to government in any field.”


[It is worth mentioning here that corporations acting in collusion with the state are NOT private enterprises as the Tannehill’s define them. They are simply entities that have co-opted the government’s “gun-for- hire” to do their dirty work for them. Think Wall Street “bailout” recipients and their army of D.C. lobbyists. Indeed, think any institution at all that seeks unfair protection or promotion from the state.]
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