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The beginning of political wisdom is the realization that despite everything you’ve always been taught, the government is not really on your side; indeed, it is out to get you.
By adopting programs to distribute substantial amounts of income, a nation guarantees that its government will become more powerful and invasive in other ways.
Abetted by misguided or co-opted intellectuals, the rulers weave a cloak of legitimacy to disguise their theft and hence to ease their extraction of wealth from the rightful owners.
Once a bureau is created, its staff becomes a tenacious political interest group, well placed to defend its budget and to make a case for expanding its activities.
Ironically, in the full-fledged transfer society, where governments busy themselves redistributing income by means of hundreds of distinct programs, hardly anyone is better off as a result.
Many anti-energy groups display little appreciation of the extent to which modern economies depend pervasively on the use of fossil fuels and petrochemical products.
Nothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitioners’ obsession with mathematical, general-equilibrium models.