“Power thrives on coercive obstructions to market competition. Ideologies that seek increased governmental intervention into the economy have been only helping the powerful secure better control throughout the world.”
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“All this form of planning offers is to replace our present rulers with leaders or representatives of the intellectuals who endorse its policies. All it can promise is that rule by the “good guys” will be more pleasant than rule by the “bad guys.” Since it grudgingly concedes the need for market institutions but insists on interfering with them to achieve specific goals, it is a prescription for a continuation of the arbitrary use of power to which the twentieth century has become all too accustomed. Having abandoned the principle put forward by comprehensive planning, it has none left. Instead it recites social priorities that represent a wish list for the progressive-minded, but it has no well-defined standard on what means are to be deemed appropriate to achieve these ends. In short, noncomprehensive planning is not a basis for a radical movement at all. It is politics as usual. It is another plea by messianic political leaders that we should trust them to set things right. The goal of a genuine radicalism must be to transcend this whole level of politics.”
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“Since we decided a few weeks ago to adopt leaves as legal tender, we have of course all become immensely rich. . . . But, we have also run into a small inflation problem on account of the high level of leaf availability. Which means that I gather the current going rate has something like three major deciduous forests buying one ship’s peanut. So, um, in order to obviate this problem and effectively revalue the leaf, we are about to embark on an extensive defoliation campaign, and um, burn down all the forests. DOUGLAS”
― The Undercover Economist Strikes Back: How to Run--or Ruin--an Economy
― The Undercover Economist Strikes Back: How to Run--or Ruin--an Economy
“Goals unattainable now will never be reached unless they are articulated when they are still unattainable.”
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“All it can see in an original idea is potential change, and hence an invasion of its prerogatives. The most dangerous man, to any government, is the man who is able to think things out for himself, without regard to the prevailing superstitions and taboos.”
― A Mencken Chrestomathy
― A Mencken Chrestomathy
Rick’s 2025 Year in Books
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