Wednesday, June 19, 2013

Quote of the Day...

Goes to Niall Ferguson, one of my favorite authors, writing in today's Wall Street Journal ($?):
Tocqueville would not recognize America today. Indeed, so completely has associational life collapsed, and so enormously has the state grown, that he would be forced to conclude that, at some point between 1833 and 2013, France must have conquered the United States.
Later in the piece, he has one of my favorite Tocqueville quotes, and a great conclusion:
Tocqueville also foresaw exactly how this regulatory state would suffocate the spirit of free enterprise: "It rarely forces one to act, but it constantly opposes itself to one's acting; it does not destroy, it prevents things from being born; it does not tyrannize, it hinders, compromises, enervates, extinguishes, dazes, and finally reduces [the] nation to being nothing more than a herd of timid and industrious animals of which the government is the shepherd."

If that makes you bleat with frustration, there's still hope.
Do go read the whole thing...

I haven't read Ferguson's new book yet, but I will be reading it soon...

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