The division of opinion turns on the definition of property and the scope of contract. Physical things of themselves are powerless. Even liberty to choose between opportunities is passive and ineffective. But power to withhold opportunities is economic power, and associated power is government. When therefore liberty of contract is merged with property, it adds the liberty of persons to the exclusive holding of things. And this liberty operates in the several directions of liberty to combine their property into an industrial government and to act as a unit, not only in proportioning their resources economically but also in choosing opportunities, in commanding obedience, in persuading or coercing, and in planning for the expectations of an indefinite future.
John R. CommonsRelated topics
act choosing choose definition future government holding indefinite industrial liberty opinion persuading planning power property unit thingsRelated quotes
One-sixth, and a little more, of the population of the United States are slaves, looked upon as property, as nothing but property. The cash value of these slaves, at a moderate estimate, is $2,000,000,000. This amount of property value has a vast influence on the minds of its owners, very naturally. The same amount of property would have an equal influence upon us if owned in the north. Human nature is the same, people at the south are the same as those at the north, barring the difference in circumstances. Public opinion is founded, to a great extent, on a property basis. What lessons the value of property is opposed, what enhances its value is favored. Public opinion at the south regards slaves as property and insists upon treating them like other property.
Abraham Lincoln
In this essay on econometrics in its conception and its use in economic planning for the betterment of man's fate, I will try to cover a very broad field.
When talking about the methodology in the particular fields mentioned - about which I am supposed to have a little more than second hand knowledge - I have always found it utterly inadequate to focus attention only on these special fields without seeing them in a much broader perspective.
Therefore it was inevitable that I should have to include in the field of vision of this paper also some branches of science where I can only speak as a layman, hopefully as a somewhat informed layman. For whatever blunders I may have made in these fields I must ask for the reader's forgiveness.
Ragnar Frisch
The concepts 'system', 'apparatus', 'environment', immediately imply an artificial division of the world, and an intention to neglect, or take only schematic account of, the interaction across the split. The notions of 'microscopic' and 'macroscopic' defy precise definition. So also do the notions of 'reversible' and 'irreversible'. Einstein said that it is theory which decides what is 'observable'. I think he was right - 'observation' is a complicated and theory-laden business. Then that notion should not appear in the formulation of fundamental theory. Information? Whose information? Information about what? On this list of bad words from good books, the worst of all is 'measurement'. It must have a section to itself.
John Stewart Bell
Justice is the end of government. It is the end of civil society. It ever has been, and ever will be, pursued, until it be obtained, or until liberty be lost in the pursuit. In a society, under the forms of which the stronger faction can readily unite and oppress the weaker, anarchy may as truly be said to reign, as in a state of nature where the weaker individual is not secured against the violence of the stronger: And as in the latter state even the stronger individuals are prompted by the uncertainty of their condition, to submit to a government which may protect the weak, as well as themselves: so in the former state, will the more powerful factions be gradually induced by a like motive, to wish for a government which will protect all parties, the weaker as well as the more powerful.
Alexander Hamilton
After 200 years, the constitutional protection of the right of the individual to life, liberty, and the pursuit of happiness is virtually gone. Today's current terminology describing rights reflects this sad change. It is commonplace for politicians and those desiring special privileges to refer to: black rights, Hispanic rights, handicap rights, employee rights, student rights, minority rights, women's rights, gay rights, children's rights, student rights, Asian-American rights, Jewish rights, AIDS victims' rights, poverty rights, homeless rights, etc. Unless all the terms are dropped & we recognize that only an individual has rights, the solution to the mess in which we find ourselves will not be found. The longer we lack of definition of rights, the worse the economic and social problems will be.
Ron Paul