About twelve months ago on this blog, I wrote a short piece about the release of Liberty Fund’s volume of essays concerning the great French classical liberal Frederic Bastiat.
Referring to the economic folly of government taxing to finance government subsidies, Bastiat said this in a letter to his longtime friend Felix Coudroy:
the whole mechanism consists in taking away ten to give back eight, not to mention the true freedom that will be destroyed in the operation!
In the very first response to the post, Catallaxy colleague Rafe Champion said that this statement ought to be transcribed onto the entrances of legislative assemblies everywhere. I couldn’t agree more!
Today I’ve found something else which should appear at the entrances of all buildings which house politicians, government bureaucrats, and even those who directly receive subsidies and handouts from governments (conscripted from the beleagured taxpayer, of course):
HT: Fraser Institute on Facebook.