Thursday, October 11, 2007

The Greatest Lover, Horseman and Economist

From our friends at Cafe Hayek, some excellent quotes from Austrian economist Joseph Schumpeter:
The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within reach of factory girls.


Humanity does not care for freedom. The mass of the people realize they are not up to it: what they want is being fed, led, amused, and above everything, drilled. But they do care for the phrase.


Politicians are like bad horsemen who are so preoccupied with keeping in the saddle that they can't bother about where they go.


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