The World According to Walter

Wriston, Walter B.

1986

Bizarre contradictions

Bizarre contradictions

 

We impose fewer and fewer restrictions on our own conduct, asserting everyone's right to a personal life-style. Yet simultaneously we impose harsher, and increasingly irrational, restrictions on all of our institutions....

The fact that I argue for a free market in goods and services, and that such a market would benefit my company, does not make my argument unsound. Self-interest and public policy can coincide and often do....

We should guard against any group that would combine political and economic power enforced by the rule of law. We must take great care to avoid rendering unto Caesar the things that are not his, for the long history of man shows that when you do, Caesar ends up with everything....

Every time the tide recedes a little after a flood of "emergency" regulations, there is a little less sand left on the beach for free people to stand on....

It is hard to sustain the argument that the public is unable intelligently to choose among competing dog foods without government help, but is competent to sort the true meaning of a senator's speech.

Just as thought control is the great enemy of freedom of inquiry in both the press and academia, economic controls are the great enemy of the entrepreneurial spirit....

One symptom of the quality of life is what people do to earn a living. Millions who 40 years ago would have strained their backs now exercise their brains and operate ingenious new machines, thanks to rapid advances in technology. But government did not invent these labor-saving devices and new technologies. It simply regulates some of them, and in so doing, retards their productivity....