Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
The natural proclivity of democratic governments is to pursue public policies which concentrate benefits on the well-organized and well-informed, and disperse the costs on the unorganized and ill-informed.
Peter Boettke
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Peter Boettke
Age: 64
Born: 1960
Born: January 3
Basketball Coach
Economist
University Teacher
Rahway
New Jersey
Policy
Costs
Public
Governments
Natural
Ill
Proclivity
Government
Organized
Unorganized
Wells
Pursue
Disperse
Well
Benefits
Informed
Democratic
Concentrate
Cost
Policies
More quotes by Peter Boettke
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 weighted down by inept and excessive regulation, why call this a 'failure of capitalism'?
Peter Boettke
We do not need to understand economics in order to experience the benefits of freedom of exchange and production. But we may very well need to understand economics in order to sustain and maintain the institutional framework that enables us to realize the benefits that flow from freedom of exchange and production.
Peter Boettke