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Quote of the Day

Saturday, January 18th, 2014 Leave a comment

“There’s no such thing as a free lunch.”

— Milton Friedman

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Quote of the Day

Saturday, October 26th, 2013 Leave a comment

“Money is a public good; as such, it lends itself to private exploitation.”

— Charles P. Kindleberger, Manias, Panics, and Crashes: A History of Financial Crises

Quote of the Day

Tuesday, October 8th, 2013 Leave a comment

“In a crisis, don’t hide behind anything or anybody. They are going to find you anyway.”

— Bear Bryant, legendary college football coach

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Quote of the Day

Tuesday, October 1st, 2013 Leave a comment
“In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place oblige it to control itself.”
— James Madison, Federalist No. 51, Feb. 6, 1788
Categories: Politics, Quotes Tags:

Quote of the Day

Saturday, September 28th, 2013 Leave a comment

“When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union — like public housing in the United States — look decrepit within a year or two of their construction . . . .”

– Milton Friedman, Nobel Prize winning economist

Quote of the Day

Tuesday, September 24th, 2013 Leave a comment

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”

— Paul Samuelson, American economist

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Quote of the Day

Sunday, September 22nd, 2013 Leave a comment

“Man is an animal that makes bargains — no dog exchanges bones with another.”

— Adam Smith, Scottish philosopher and economist who is best known as the author of An Inquiry into the Nature and Causes of the Wealth Of Nations (1776), one of the most influential books ever written

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