The Editors’ Quote of the Day:
“The law of unintended consequences is the only real law of history.” – Niall Ferguson
“The law of unintended consequences is the only real law of history.” – Niall Ferguson
“That no man should scruple, or hesitate a moment, to use arms in defence of so valuable a blessing, on which all the good and evil of life depends, is clearly my opinion.” – George Washington, in a letter to George Mason, April 5, 1769
“Out of the bitter experiences of the Panic of 1819 emerged the beginnings of the Jacksonian movement, dedicated to hard money, the eradication of fractional reserve banking in general, and of the Bank of the United States in particular.” – Murray Rothbard
“At the global level, Chinese order would involve seizing the opportunities of the “great changes unseen in a century” and displacing the United States as the world’s leading state. This would require successfully managing the principal risk flowing from the “great changes”—Washington’s unwillingness to gracefully accept decline—by weakening the forms of control supporting American global order while strengthening those forms of control supporting a Chinese alternative. That order would span a “zone of super-ordinate influence” in Asia as well as “partial hegemony” in swaths of the developing world that might gradually expand to encompass the world’s industrialized centers—a vision some …
“Progressivism was imported from Europe and would result in a radical break from America’s heritage. In fact, it is best described as an elitist-driven counterrevolution to the American Revolution, in which the sovereignty of the individual, natural law, natural rights, and the civil society—built on a foundation of thousands of years of enlightened thinking and human experience—would be drastically altered and even abandoned for an ideological agenda broadly characterized as “historical progress.” Progressivism is the idea of the inevitability of historical progress and the perfectibility of man—and his self-realization—through the national community or collective. While its intellectual and political advocates …
“Furthermore then we beseech you, brethren, and exhort you by the Lord Jesus, that as ye have received of us how ye ought to walk and to please God, so ye would abound more and more. For ye know what commandments we gave you by the Lord Jesus. For this is the will of God, even your sanctification, that ye should abstain from fornication: That every one of you should know how to possess his vessel in sanctification and honour; Not in the lust of concupiscence, even as the Gentiles which know not God: That no man go beyond and defraud …
“Now the Lord had said unto Abram, Get thee out of thy country, and from thy kindred, and from thy father’s house, unto a land that I will shew thee: And I will make of thee a great nation, and I will bless thee, and make thy name great; and thou shalt be a blessing: And I will bless them that bless thee, and curse him that curseth thee: and in thee shall all families of the earth be blessed. So Abram departed, as the Lord had spoken unto him; and Lot went with him: and Abram was seventy and …
“Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.” – Warren Buffett
“You know why there’s a Second Amendment? In case the government fails to follow the first one.” – The Late Rush Limbaugh, August 17, 1993
“After a storm comes a calm.” – Matthew Henry
“Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.” – Russell Sage (August 4, 1816 – July 22, 1906)
“No possible rapidity of fire can atone for habitual carelessness of aim with the first shot.” – Theodore Roosevelt, The Wilderness Hunter, 1893
“Now when they had passed through Amphipolis and Apollonia, they came to Thessalonica, where was a synagogue of the Jews: And Paul, as his manner was, went in unto them, and three sabbath days reasoned with them out of the scriptures, Opening and alleging, that Christ must needs have suffered, and risen again from the dead; and that this Jesus, whom I preach unto you, is Christ. And some of them believed, and consorted with Paul and Silas; and of the devout Greeks a great multitude, and of the chief women not a few. But the Jews which believed not, …
“Hear ye this word which I take up against you, even a lamentation, O house of Israel. The virgin of Israel is fallen; she shall no more rise: she is forsaken upon her land; there is none to raise her up. For thus saith the Lord God; The city that went out by a thousand shall leave an hundred, and that which went forth by an hundred shall leave ten, to the house of Israel. For thus saith the Lord unto the house of Israel, Seek ye me, and ye shall live: But seek not Bethel, nor enter into Gilgal, …
“The secret of war lies in the communications.” – Napoleon Bonaparte