Browsing All Posts filed under »Quote for the Day!«

Quote for the Day–Hayek on Socialism, and how it applies to Hobby Lobby

July 2, 2014 by

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In light of all the recent hoopla of Executive overreach, its important to know the broader agenda of the socialist mindset–it is much more than simply “economics.”  As Hayek says in The Fatal Conceit (p. 67) So, priding itself on having built its world as if it had designed it, and blaming itself for not […]

Quote for the Day–John Maynard Keynes!

May 16, 2014 by

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Whoever thought Bereansatthegate would feature a quote for the day from Lord Keynes?  Yet here we are: Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth […]

Quote for the Day, from Allan Meltzer’s WSJ op-ed today

May 7, 2014 by

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Allan Meltzer is perhaps the greatest living monetary economist; his A History of the Federal Reserve, is the definitive standard on the Fed.  He was a contemporary of Milton Friedman, and a noted monetarist scholar in his own right.  Discussing the Fed today, he ventures slightly off course: Broadly speaking, the Obama administration has pursued […]

Quote for the Day: Hayek on the distinction between Law and Legislation

April 14, 2014 by

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Legislation, the deliberate making of law, has justly been described as among all inventions of man the one fraught with the gravest consequences, more far-reaching in its effects even than fire and gun-powder.  Unlike law itself, which has never been ‘invented’ in the same sense, the invention of legislation came relatively late in the history […]

Quote for the Day! From Henry Hazlitt

December 29, 2013 by

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It is not merely a fallacy, therefore, but a sham humanitarianism, and a cruel deception, always to insist on wage-rate increases whether or not conditions justify them, and always to resist wage-rate reductions whether or not conditions require them. From Hazlitt’s fantastic dissection of the whole system of Keynesian fallacies, in The Failure of the […]

Quote for the Day! Michael Novak

December 20, 2013 by

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It is not so much the asceticism of biblical teaching, as its call to creativity and inventiveness, that accounts for the dynamism of Jewish and Christian civilization, including economic dynamism. While some aspects of asceticism are certainly helpful for a culture, such as the idea of deferred gratification, what really makes civilization thrive is when […]

Quote of the Day

December 18, 2013 by

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“Republicans shut American down. Vote them out!” This quote was seen in the window of the Democratic office of the Greene County, Ohio Democratic Party.  It represents well our country’s problem. Too many Americans cannot tell the different between our government and our nation.  The Democrats like to claim Thomas Jefferson as their forefather.  He […]