If individuals can take from a common pot regardless of how much they put in it, each person has an incentive to be a free rider, to do as little as possible and take as much as possible because what one fails to take will be taken by someone else. John Stossel More Quotes by John Stossel More Quotes From John Stossel The people who tried government regulation have lives which are miserable. John Stossel regulationgovernmentpeople What would you think of a person who earned $24,000 a year but spent $35,000? Suppose on top of that, he was already $170,000 in debt. You'd tell him to get his act together - stop spending so much or he'd destroy his family, impoverish his kids and wreck their future. Of course, no individual could live so irresponsibly for long. But tack on eight more zeroes to that budget and you have the checkbook for our out-of-control, big-spending federal government. John Stossel eightkidsthinking A handful of people who probably never even ran a small business actually think they can reinvent the health care system. John Stossel carepeoplethinking Government has no wealth of its own. Before it gives anything to anyone, it must take from those who produced it. John Stossel wealthgovernmentgiving What private property does is connect effort to reward, creating an incentive for people to produce for more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer. John Stossel mutual-benefitcreatingpeople The welfare state has done to Black Americans what slavery (and Jim Crow and racism) could not have done. . .break up the black family. Today, just slightly over 30 percent of black kids live in two-parent families. Historically, from the 1870s on. . . 75-90 percent of black kids lived in two-parent families. John Stossel racismtwokids You can either invade a country or leave them alone and trade with them. When goods cross borders, armies don't. John Stossel bordersarmycountry There's no business that's too small for government to torture John Stossel torturepoliticsgovernment David Boaz has been my guide to the history, economics, and politics of freedom for years. John Stossel economicsguidesyears Happiness comes when we test our skills towards some meaningful purpose. John Stossel inspirationhappinessmeaningful To finance 'entitlement' programs, the government threatens force against the taxpayers who provide the money. Why are people who favor compulsion called humanitarians, while those who favor freedom are stigmatized as greedy? John Stossel favorsgovernmentpeople The political class can't imagine a decentralized world where good things happen...without them. But in the real world, that's exactly how good things happen, and how jobs are created. When government sets simple rules that everyone understands and then gets out of the way, free people create jobs. John Stossel realsimplejobs I started out by viewing the marketplace as a cruel place, where you need intervention by government and lawyers to protect people. But after watching the regulators work, I have come to believe that markets are magical and the best protectors of the consumer. It is my job to explain the beauties of the free market. John Stossel governmentjobsbelieve We have all kinds of government compensation systems that are much more efficient than the lawyers. John Stossel lawyergovernmentkind Liberalism had come to mean spending more on everything-speech police, failed poverty programs that reward dependence, a bigger nanny state telling us we cannot eat fatty foods, workplace roles that stifle opportunity, and absurd environmental regulations. John Stossel policeopportunitymean When entrepreneurs are free to compete, they grow the pie so that everyone's share gets larger. John Stossel entrepreneurpieshare The happiest stutterers, I learned, are those who are willing to stutter in front of others. John Stossel willingfronts Patrick Henry didn't say, "Give me safety, or give me death." John Stossel give-mesafetygiving Fraud will always exist. Enforcement of anti-fraud laws is a useful deterrent, but in the end there's no substitute for investor vigilance. Government regulations provide a false sense of security - and that's worth less than no sense of security at all. John Stossel regulationgovernmentlaw Patrick Henry did not say, 'Give me absolutely safety or give me death.' America is supposed to be about freedom. John Stossel safetygivingamerica
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