Thursday, January 21, 2010

The economy depends about as much on economists as the weather does on weather forecasters.

I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.

Thomas Jefferson

From a Heritage/WSJ report (www.heritage.org) the Index of Economic Freedom Indicators is out, and the US lost ground last year.  I guess Australia is the place to be.  Better medical care, and more economic freedom.

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Thomas Sowell

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You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

Harlan Ellison