"So I really would like to see both parties respond to the poor with greater commitment. But I've got to tell you, the Democrats, I feel, are doing a better job in that respect than Republicans are."

Previous Quote

I call this the Fundamental Problem of Political Economy. How do we limit the power that idiots have over us? ... [Milton] Friedmans insight is that a market limits the power that others have over us; conversely, limiting the power that others have over us allows us to have markets. Friedman argued that no matter how wise the officials of government may be, market competition does a better job of protecting us from idiots.

— Arnold Kling