Words to live by

From Don Boudreaux’s Quotation of the Day, this is Don himself:

A good rule-of-thumb – a rule that should almost never be violated – is this one: Ignore anyone who proposes a course of action that forces others to bear costs, yet who refuses himself or herself to take a substantial personal financial stake in that course of action.  Or more generally, as Mencken observed, “The kind of man who demands that government enforce his ideas is always the kind whose ideas are idiotic.”

It’s far easier to be a ‘visionary’ with the money and lives of other people than it is to be a visionary with your own money and life.




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