Thursday, 30 June 2011

While US fiddles with its swing, Epstein hits one out of the park.

US leaders are like aging athletes.
"Instead of keeping the eye on the ball and hitting it out of the park, they use lighter bats, take shorter strides, fiddle constantly with their stance."


This is how to keep the eye on the ball:
"The secret of success for those nations that are in their prime is that they do a few tasks confidently and well. They run a strong military to keep peace at home and to help stabilize matters abroad. They worry about the maintenance of a simple tax system with low rates, a system intended to create a certain and friendly environment that maximizes returns to capital and labor. They know the importance of the security of contractual transactions and the dangers that come from erratic efforts to jump-start an economy. They praise their inventors, authors, and innovators. They treat excellence as an imperative. They take care of their unfortunates, but do not easily accept excuses for poor performance."
 "America Strikes Out"  Richard Epstein of the Hoover Institute
hat tip Instapundit            This will be a classic.

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