Sunday, 26 October 2008

Two quotations for Brown to learn and Cameron not to forget

The first is from Milton Friedman:

"When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it. When a man spends his own money to buy something for someone else, he is still very careful about how much he spends, but somewhat less what he spends it on. When a man spends someone else's money to to buy something for himself, he is very careful about what he buys, but he doesn't care at all how much he spends. And when a man spends someone else's money on someone else, he doesn't care how much he spends or what he spends it on. And that's government for you."


The second is from Mikhail Gorbachev:

"We have tried to impose many things from above. Nothing ever comes of this. We must involve people in the process of government and the people will at once put everyone in their right place."

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