Category: Economics

Or they may kick it inOr they may kick it in

Tetman Callis 0 Comments 6:44 am

“There are strong minds in every walk of life that will rise superior to the disadvantages of situation, and will command the tribute due to their merit, not only from the classes to which they particularly belong, but from the society in general. The door ought to be equally open to all.” – Alexander Hamilton, “The Federalist XXXVI”

Taxation for dummiesTaxation for dummies

Tetman Callis 0 Comments 7:47 am

“To those who insist that he who pays the greatest share of taxes, ought to have the greatest number of votes; it is a sufficient answer to say, that this rule would be destructive of the liberty of the others, and would render them slaves to the more rich and wealthy—That if one man pays more taxes than another, it is because he has more wealth to be protected by government, and he receives greater benefits from the government.”– Luther Martin, “The Genuine Information” (emphases in original)

Honest to a faultHonest to a fault

Tetman Callis 0 Comments 7:26 am

“To provide for the general welfare, is an abstract proposition, which mankind differ in the explanation of, as much as they do on any political or moral proposition that can be proposed; the most opposite measures may be pursued by different parties, and both may profess, that they have in view the general welfare, and both sides may be honest in their professions.” – Brutus VI, “The Dangers of Unlimited Taxation,” New York Journal, December 27, 1787

The good ol’ boysThe good ol’ boys

Tetman Callis 0 Comments 7:48 am

“It is not to be expected that a legislature will be found in any country that will not have some of its members, who will pursue their private ends, for which they will sacrifice the public good. Men of this character are, generally, artful and designing, and frequently possess brilliant talents and abilities; they commonly act in concert, and agree to share the spoils of their country among them; they will keep their object ever in view, and follow it with constancy. To effect their purpose, they will assume any shape, and, Proteus like, mould themselves into any form—where they will find members proof against direct bribery or gifts of offices, they will endeavor to mislead their minds by specious and false reasoning, to impose upon their unsuspecting honesty by an affectation of zeal for the public good.” – Brutus IV, “Fair Representation Is the Great Desideratum in Politics,” New York Journal, November 29, 1787

Not what could be called equitableNot what could be called equitable

Tetman Callis 0 Comments 5:37 am

“The apportionment of taxes on the various descriptions of property, is an act which seems to require the most exact impartiality; yet there is perhaps no legislative act in which greater opportunity and temptation are given to a predominant party, to trample on the rules of justice. Every shilling with which they over-burden the inferior number, is a shilling saved to their own pockets.” – James Madison, “The Federalist X”

From here to eternityFrom here to eternity

Tetman Callis 0 Comments 7:05 am

“As long as the reason of man continues fallible, and he is at liberty to exercise it, different opinions will be formed. As long as the connection subsists between his reason and his self-love, his opinions and his passions will have a reciprocal influence on each other; and the former will be objects to which the latter will attach themselves. The diversity in the faculties of men from which the rights of property originate, is not less an insuperable obstacle to a uniformity of interests. The protection of these faculties is the first object of Government. From the protection of different and unequal faculties of acquiring property, the possession of different degrees and kinds of property immediately results: and from the influence of these on the sentiments and views of the respective proprietors, ensues a division of the society into different interests and parties.

“The latent causes of faction are thus sown in the nature of man; and we see them every where brought into different degrees of activity, according to the different circumstances of civil society. A zeal for different opinions concerning religion, concerning Government, and many other points, as well of speculation as of practice; an attachment to different leaders ambitiously contending for pre-eminence and power; or to persons of other descriptions whose fortunes have been interesting to the human passions, have in turn divided mankind into parties, inflamed them with mutual animosity, and rendered them much more disposed to vex and oppress each other, than to co-operate for their common good. So strong is this propensity for mankind to fall into mutual animosities, that where no substantial occasion presents itself, the most frivolous and fanciful distinctions have been sufficient to kindle their unfriendly passions, and excite their most violent conflicts. But the most common and durable source of factions, has been the various and unequal distribution of property. Those who hold, and those who are without property, have ever formed distinct interests in society. Those who are creditors, and those who are debtors, fall under a like discrimination. A landed interest, and manufacturing interest, a monied interest, and many lesser interests, grow up of necessity in civilized nations, and divide them into different classes, actuated by different sentiments and views. The regulation of these various and interfering interests forms the principal task of modern Legislation, and involves the spirit of party and faction in the necessary and ordinary operations of Government.”

– James Madison, “The Federalist X”

A vlad by any other nameA vlad by any other name

Tetman Callis 0 Comments 7:06 am

“The causes of hostility among nations are innumerable. There are some which have a general and almost constant operation upon the collective bodies of society: Of this description are the love of power or the desire of preeminence and dominion—the jealousy of power, or the desire of equality and safety. There are others which have a more circumscribed, though an equally operative influence, within their spheres: Such are the rivalships and competitions of commerce between commercial nations. And there are others, not less numerous than either of the former, which take their origin intirely in private passions; in the attachments, enmities, interests, hopes and fears of leading individuals in the communities of which they are members. Men of this class, whether the favourites of a king or of a people, have in too many instances abused the confidence they possessed; and assuming the pretext of some public motive, have not scrupled to sacrifice the national tranquility to personal advantage, or personal gratification.” – Alexander Hamilton, “The Federalist VI”

You gotta have faithYou gotta have faith

Tetman Callis 0 Comments 6:17 am

“No man is a warmer advocate for proper restraints and wholesome checks in every department of government than I am; but I have never yet been able to discover the propriety of placing it absolutely out of the power of men to render essential Services, because a possibility remains of their doing ill.” – George Washington, “Letter to Bushrod Washington,” November 10, 1787

Skimming the creamSkimming the cream

Tetman Callis 0 Comments 6:34 am

“The authority to lay and collect taxes is the most important of any power that can be granted; it connects with it almost all other powers, or at least will in process of time draw all other after it; it is the great mean of protection, security, and defence, in a good government, and the great engine of oppression and tyranny in a bad one.” – Brutus I, New York Journal, October 18, 1787

Oligarchy is a word for itOligarchy is a word for it

Tetman Callis 0 Comments 7:20 am

“An equality of property, with a necessity of alienation, constantly operating to destroy combinations of powerful families, is the very soul of a republic—While this continues, the people will inevitably possess both power and freedom; when this is lost, power departs, liberty expires, and a commonwealth will inevitably assume some other form.” – Noah Webster, “An Examination Into the Leading Principles of the Federal Constitution” (emphases in original)

Freedom’s just another word for having everything to loseFreedom’s just another word for having everything to lose

Tetman Callis 0 Comments 7:23 am

“In civil society, political liberty consists in acting conformably to the sense of a majority of the society. In a free government, every man binds himself to obey the public voice, or the opinion of a majority; and the whole society engages to protect each individual. In such a government a man is free and safe. But reverse the case; suppose every man to act without control or fear of punishment—every man would be free, but no man would be sure of his freedom one moment. Each would have the power of taking his neighbor’s life, liberty or property; and no man would command more than his own strength to repel the invasion.” – Noah Webster, “An Examination Into the Leading Principles of the Federal Constitution” (emphases in original)

Anybody got a flashlight?Anybody got a flashlight?

Tetman Callis 0 Comments 6:01 am

“The entire Internet can never be made ‘safe.’ Vast stretches of cyberspace are already ‘dark’—full of abandoned websites, discarded protocols, huge databases, and clandestine enterprises engaged in by both criminals and political dissidents. Like it or not such wild corners will endure, for the Internet remains a faithful mirror of the human soul, haunted by the same angels and demons of our own nature.” – Jay Nelson, “Can the Internet Be Tamed?”

Ring-ring goes the bellRing-ring goes the bell

Tetman Callis 0 Comments 7:23 am

“It’s no secret that American education is extremely outdated. The long day divided into periods marked by bells, summer vacations, neat rows of desks, and the same subjects for everybody, were all meant to turn 19th century farm children into 20th century factory workers, clerks, and secretaries. It’s a painfully obsolete model.” – Jay Nelson, SWCP Portal, August 2012

Capital punishmentCapital punishment

Tetman Callis 0 Comments 7:05 am

“When the rich plebeians in old Rome feared that the people might succeed through their plan to reduce taxes, they sheltered behind a dictatorship. And they condemned to death for high treason the patrician Manlius Capitolinus, who with his riches had tried to free their plebeian debtors from their debts. They hurled him down from the Tarpeian Rock. Since the very existence of human society, the need for self-preservation has driven men to commit crimes. But those crimes were secret deeds; men hushed them up and were ashamed of them. But today men are proud of them. There is a pestilence among us. All of us are tainted, friend and foe alike. Our souls are great black sores, and life is dying in them. They die, and we live on.” – Ödön von Horváth, The Age of the Fish (Jugend ohne Gott) (trans. Thomas)

Rock gardeningRock gardening

Tetman Callis 0 Comments 6:17 am

“Marriage is like a garden I reckon. After a while, no matter what you do, it’s all too much work for not enough reward. One day you’re pulling out the same weeds you pulled out last month, or trimming the low branches off the same tree you trimmed them off last year, and you start thinking about why you’re doing it, and you can’t remember why you started to in the first place. Why you planted that particular tree, or chose that type of grass for the lawn, or why you even bothered with having a garden at all, cos the fact is, you haven’t sat your arse down out there and looked around and enjoyed it in years anyway. You was just going through the motions, doing what you did cos it’s what people do, what’s expected of you, so you just keep right on doing it.” – Harry Pants, Midlife

This will be on the examThis will be on the exam

Tetman Callis 0 Comments 7:37 am

“Today, education is perhaps the most important function of state and local governments. Compulsory school attendance laws and the great expenditures for education both demonstrate our recognition of the importance of education to our democratic society. It is required in the performance of our most basic public responsibilities, even service in the armed forces. It is the very foundation of good citizenship. Today it is a principal instrument in awakening the child to cultural values, in preparing him for later professional training, and in helping him to adjust normally to his environment. In these days, it is doubtful that any child may reasonably be expected to succeed in life if he is denied the opportunity of an education. Such an opportunity, where the state has undertaken to provide it, is a right which must be made available to all on equal terms.” –  Chief Justice Earl Warren, Brown v. Board of Education, 347 U.S. 483 (1954)

United States is a plural termUnited States is a plural term

Tetman Callis 0 Comments 6:52 am

“The central fact of American federalism is worth repeating: the United States is by and large an economic union, by and large a social union, but not a legal union, or at least not completely. State laws are, or can be, rather similar, but this is, first, because the states choose to harmonize their laws, and, second, because conditions in the states are fairly similar. A state is free to be different (if it wishes), within its zone. But since the 1860s, the central government has gotten stronger and stronger, and there has been a steady, marked change in relations between states and the federal government. It is obvious why this took place. Changes in technology and socioeconomic structure paved the way. In the age of e-mail, cyberspace, satellite communication, and jumbo jets, the country is a single entity to an extent undreamed of in 1787. When all is said and done, however, the states still maintain a substantial reservoir of power.” – Lawrence M. Friedman, American Law: An Introduction

The progression of changeThe progression of change

Tetman Callis 0 Comments 6:06 am

“If you brought back to life a nineteenth-century judge, he would be dumbfounded to learn about that state of civil-rights law today. He would even be amazed at what has happened in tort law, how far the courts have gone in making companies pay for damages caused by badly designed products, such as defective cold cream, soup, medicine, and automobiles. The wheels of doctrine have turned many times, in response to changes in the world outside the courtroom. True, some judges today stand on the right side of the political spectrum, while others stand on the left. But the point around which they revolve, the point from which they deviate, right or left, is determined by social forces, by the national agenda.” – Lawrence M. Friedman, American Law: An Introduction

Ghosts in the machinesGhosts in the machines

Tetman Callis 0 Comments 6:16 am

“Technology is a great lawmaker and a great leveler. The railroad in many ways and in many fields practically rewrote the law books of the United States in the nineteenth century…. Accident law—the heart of the legal field we call torts—is basically the offspring of the nineteenth-century railroad; in the twentieth century, the automobile largely replaced the railroad as a source of accidents, and of accident law.” – Lawrence M. Friedman, American Law: An Introduction

Clocking inClocking in

Tetman Callis 0 Comments 4:02 am

“No other technique for the conduct of life attaches the individual so firmly to reality as laying emphasis on work; for his work at least gives him a secure place in a portion of reality, in the human community. The possibility it offers of displacing a large amount of libidinal components, whether narcissistic, aggressive, or even erotic, on to professional work and on to the human relations connected with it lends it a value by no means second to what it enjoys as something indispensable to the preservation and justification of existence in society. Professional activity is a source of special satisfaction if it is a freely chosen one—if, that is to say, by means of sublimation, it makes possible the use of existing inclinations, of persisting or constitutionally reinforced instinctual impulses. And yet, as a path to happiness, work is not highly prized by men. They do not strive after it as they do after other possibilities of satisfaction. The great majority of people only work under the stress of necessity, and this natural human aversion to work raises most difficult social problems.” – Sigmund Freud, “Civilization and Its Discontents” (ed. Gay)

And if you get drunk, you end up in jailAnd if you get drunk, you end up in jail

Tetman Callis 0 Comments 3:30 am

“One of the saddest things is that the only thing a man can do for eight hours a day, day after day, is work. You can’t eat eight hours a day nor drink for eight hours a day nor make love for eight hours—all you can do for eight hours is work. Which is the reason why man makes himself and everybody else so miserable and unhappy.” – William Faulkner (interview with Jean Stein in Paris Review)

How low can you go?How low can you go?

Tetman Callis 0 Comments 4:30 am

“The writer doesn’t need economic freedom. All he needs is a pencil and some paper. I’ve never known anything good in writing to come from having accepted any free gift of money. The good writer never applies to a foundation. He’s too busy writing something. If he isn’t first rate he fools himself by saying he hasn’t got time or economic freedom. Good art can come out of thieves, bootleggers, or horse swipes. People really are afraid to find out just how much hardship and poverty they can stand. They are afraid to find out how tough they are. Nothing can destroy the good writer. The only thing that can alter the good writer is death. Good ones don’t have time to bother with success or getting rich. Success is feminine and like a woman; if you cringe before her, she will override you. So the way to treat her is to show her the back of your hand. Then maybe she will do the crawling.” – William Faulkner (interview with Jean Stein in Paris Review)