If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't. Garet Garrett More Quotes by Garet Garrett More Quotes From Garet Garrett Never was it [Capitalism] imposed on life as a system, or at all. It grew out of life, not all at once but gradually, and is therefore one of the great natural designs. When it was found and identified by such men as Adam Smith, who wrote its bible, and Karl Marx, who wrote its obituary too soon, it was already working. Garet Garrett design natural men If the great Government of the United States were a private corporation no bank would take its name on a piece of paper, because it has cynically repudiated the words engraved upon its bonds. Garet Garrett government ties names Business is in itself a power. Garet Garrett motivational-business business There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are gazing in the wrong direction. The revolution is behind them. It went by in the Night of Depression, singing songs to freedom. Garet Garrett song night thinking Formerly government was the responsibility of people; now people were the responsibility of government. Garet Garrett government responsibility people Between government in the republican meaning, that is, Constitutional, representative, limited government, on the one hand, and Empire on the other hand, there is mortal enmity. Garet Garrett government hands people The idea of imposing universal peace on the world by force is a barbarian fantasy. Garet Garrett barbarians world ideas No government can provide social security. It is not in the nature of government to be able to provide anything. Government itself is not self-supporting. It lives by taxation. Therefore, since it cannot provide for itself but by taking toll of what the people produce, how can it provide social security for the people? Garet Garrett government self people There is in government a living impulse to extend itself indefinitely; and there is in freedom a necessity to resist that impulse. Garet Garrett impulse government Government is the natural enemy of freedom. Garet Garrett government natural enemy The winds that blow our billions away return burdened with themes of scorn and dispraise. Garet Garrett blow war peace You do not defend a world that is already lost. Garet Garrett lost world It is the function of the President, representing the executive principle, to execute the laws. Garet Garrett principles president law The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world. Garet Garrett government gold needs Well, where there is freedom doubt itself must be free. Garet Garrett wells doubt This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic. Garet Garrett problem class two Loyalty of the law-making power to the executive power was one of the dangers the political fathers foretold. Garet Garrett loyalty law father Lenin, the greatest theorist of them all, did not know what he was going to do after he had got the power. Garet Garrett theorists knows To the revolutionary mind the American vista must have been almost as incredible as Genghis Khan's first view of China - so rich, so soft, so unaware. Garet Garrett squash views mind There was endless controversy as to whether the acts of the New Deal did actually move recovery or retard it, and nothing final could ever come of that bitter debate because it is forever impossible to prove what might have happened in place of what did. Garet Garrett recovery forever moving
