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I can't be paralyzed anymore by the critics. My new mantra is, if you're not in the arena getting your ass kicked on occasion, then I'm not interested in your feedback. You don't get to sit in the cheat seat and criticize my appearance or my work with mean-spiritedness if you're also not in the arena.

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James M. Buchanan

How would the US be different today if people coming off the boat were greeted with a welfare check instead of a shovel?

Boat, Different, People, Today, Welfare
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Politicians and bureaucrats are no different from the rest of us. They will maximize their incentives just like everybody else.

Different, Incentives, Like, Maximize, Politician, Rest

Liberals have lost the soul. We haven't recognized the necessity of defending our own system at the level of ideas. We have to get people to treat the idea of a free society as a civic religion or a faith. We need to fight for that faith.

Faith, Fighting, Ideas, Level, People, System

People share a universal behavioural trait: if there are profits to be made, the effort to get that money will attract investment. This is true in the private sector, the market sector, as well as the public sector.

Effort, Investment, People, Public, Universal

We want to limit the exploitation of the fiscal capacity of the richer regions by keeping down the rate of immigration to a level that would be meaningful and efficient. One way to do that is to have a scheme of equalization which essential bribes people to stay in the poorer regions.

Equalization, Exploitation, Immigration, Keeping, Meaningful, People

Politically, sometimes you get situations where rent control will go through. It is especially true in an emergency, where there is a sudden, sharp increase in demand for housing or a cut back in supply. People will simply not allow the marketplace to allocate housing resources and so you get pressures for rent control. Once you have it, it is hard to eliminate.

Back, Cutting, Demand, People, Politically, Resources
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