Interesting quotations from Cafe Hayek today:
"All government policies adopted to meet a crisis presume that the government knows how to effect the rescue it seeks. If the crisis arises from an attack by foreigners, the government purports to know how to mount military countermeasures that will defeat or disable the enemy. If the crisis consists of economic malfunctions, the government purports to know how to alter its spending, taxing, or regulation so that the economy will be restored to sound operation. These presumptions are in general counterfactual." Delusions of Power by Robert Higgs
"Public policies are determined and laws are made by small minorities playing upon the fears and imbecilities of the mob – sometimes minorities of intelligent and honest men, but usually minorities of rogues." H.L.Mencken