“Government is naturally prodigal, for it spends other people’s money.”
Yves Guyot
“Government is naturally prodigal, for it spends other people’s money.”
The danger of the past was that men became slaves. The danger of the future is that men may become robots.
On March 6, 1967, Joseph Stalin’s daughter Svetlana Alliluyeva defected to the United States.
| The March 6 date also marks term limits advocate and initiative organizer Paul Jacob’s birthday. He was born on the anniversary of the births of Michaelangelo, Cryano de Bergerac, and Alan Greenspan.
| On this day in 1820, 1820, the Missouri Compromise was signed into law by President James Monroe. The compromise allowed Missouri to enter the Union as a slave state, brought Maine into the Union as a free state, and made the rest of the northern part of the Louisiana Purchase territory slavery-free.
On March 5, 1616, Nicolaus Copernicus’s book, De revolutionibus orbium coelestium, was placed on the Catholic Church’s Index of Forbidden Books. This censorship notwithstanding, the Earth continued to revolve around the Sun. The book had been first published in 1543 in Nuremberg.
| In 1770, the Boston Massacre took place on March 5.
| March 5 is magician Penn Jillette’s birthday. He turns 60 today, beginning his 61st year of life.
Wages are a speculation. The laborer who offers his labor to a trader or a contractor, argues thus with him: ‘I deliver to you so much labor. It is true that you run the risks of the enterprise. You are obliged to make advances of capital. You may gain or lose. That does not concern me. I do my work, I make it over to you at a certain price; you pay this to me whatever happens. Whether it redounds to your benefit or causes you loss is not my affair.’
Yves Guyot, The Tyranny of Socialism, Laissez Faire Books, 2015, LFB.org.
“Industrial progress is due to individuals, not to governments. No state discovered gravitation, and, if humanity had waited for governments to apply steam and electricity to our daily needs, we should have neither railways, telephones, nor telegraphs.”
Yves Guyot Where and Why Public Ownership Has Failed, p. 292
Guyot (September 6, 1843 – February 22, 1928), a French journalist, politician and economist, was an uncompromising free-trader.
On March 4, 1789, the first Congress of the United States met in New York, New York, in accordance with the new Constitution. Two years later on the same date, Vermont was admitted as the fourteenth state of the union.
| In a twist in World War II allegiances, Finland declared war on Nazi Germany on March 4, 1945, beginning the Lapland War.
On March 3, 1991, an amateur videographer captured the beating of Rodney King by Los Angeles police officers, thus ushering in the age of citizen surveillance of the state.
“People, I just want to say, you know, can we all get along? Can we get along? Can we stop making it, making it horrible for the older people and the kids? . . . It’s just not right. It’s not right. It’s not, it’s not going to change anything. We’ll, we’ll get our justice . . . Please, we can get along here; we all can get along. I mean, we’re all stuck here for a while. Let’s try to work it out.”
“When we see that the most ardent advocates of the minimum wage law have been the AFL-CIO, and that the concrete effect of the minimum wage laws has been to cripple the low-wage competition of the marginal workers as against higher-wage workers with union seniority, the true motivation of the agitation for the minimum wage becomes apparent.”