We are entitled to be disappointed, but not to be surprised, by the persistence of governmental intervention in economic life. A school of thought attributes great influence to public opinion in the movements toward or away from laissez-faire. Among the many members of this school one may mention Albert Venn Dicey, John Maynard Keynes, and Milton Friedman.
George StiglerRelated topics
great intervention john mention opinion public school thought Keynes Milton FriedmanRelated quotes
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense-perhaps more clearly and subtly than many consistent defenders of laissez-faire-that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.
Alan Greenspan
The skills and productivity of American Workers, not to mention the taxes they pay, are the greatest economic resource our country has. To condemn large numbers of them to unemployment, to deprive the Treasury of their tax contributions and to force them to live on unemployment at public expense is the most expensive luxury any society ever chose to buy.
Lane Kirkland
If you were going to turn to only one economist to understand the problems facing the economy, there is little doubt that the economist would be John Maynard Keynes. Although Keynes died more than a half-century ago, his diagnosis of recessions and depressions remains the foundation of modern macroeconomics. His insights go a long way toward explaining the challenges we now confront.
Greg Mankiw
If we teach our kids in public schools that they are merely animals, then they will act like animals. We should not be surprised. If we teach kids in school that they are a creation of God, that God is their creator, and will some day be their judge, we can expect their behavior to be different because of their basic philosophy.
Kent Hovind
To spread healthy ideas among even the lowest classes of people, to remove men from the influence of prejudice and passion, to make reason the arbiter and supreme guide of public opinion; that is the essential goal of the sciences; that is how science will contribute to the advancement of civilization, and that is what deserves protection of governments who want to insure the stability of their power.
Georges Cuvier