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People have a vested interest in promoting one set of polices rather than finding out what the truth is.

Thomas Sowell

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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Promoting
Findings
Finding
Interest
Rather
Truth
People
Vested

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The biggest difference between people is between those who are trying to do the right thing - whether or not they succeed - and those for whom the only question is how much they can get away with.
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You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.
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Ideas are everywhere, but knowledge is rare.
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More than half of all people filing income tax forms use someone else to prepare the forms for them. Then they have to sign under penalty of perjury that these forms are correct. But if they were competent to determine that, why would they have to pay someone else to do their taxes for them in the first place?
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Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.
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Benedict Arnold was a war hero, wounded in battle--before he turned against his country. Hitler was likewise a decorated and wounded veteran of the First World War. Being a war hero is not a lifetime...exempt[ion]...from responsibility for what you do thereafter.
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Extrapolations are the last refuge of a groundless argument.
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Anyone who has actually had to take responsibility for consequences by running any kind of enterprise whether economic or academic, or even just managing a sports team is likely at some point to be chastened by either the setbacks brought on by his own mistakes or by seeing his successes followed by negative consequences that he never anticipated.
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What all these lofty and vague phrases boil down to is that the court can impose things that the voters don't want and the Constitution does not require, but which are in vogue in circles to which the court responds.
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Economics is concerned with what emerges, not what anyone intended.
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