Friday, 16 November 2018

QotD: "Ownership of public property is not voluntary; it is compulsory as long as one is a member of the public. To call something 'compulsory' usually is a good start toward condemning it."


"Public [government] ownership must be borne by all members of the public, and no member can divest himself of that ownership. Ownership of public property is not voluntary; it is compulsory as long as one is a member of the public. To call something 'compulsory' usually is a good start toward condemning it."
        ~ Armen Alchian, from his Collected Works, quoted in David Henderson's post 'Wisdom from Armen Alchian'
. 

No comments:

Post a Comment

1. Commenters are welcome and invited.
2. All comments are moderated. Off-topic grandstanding, spam, and gibberish will be ignored. Tu quoque will be moderated. Links to bogus news sites (and worse) will be deleted.
3. Read the post before you comment. Challenge facts, but don't simply ignore them.
4. Use a name. If it's important enough to say it, it's important enough to put a name to it.
5. Above all: Act with honour. Say what you mean, and mean what you say.