The ultimate result of shielding men from the results of folly is to fill the world with fools.
— Herbert Spencer (1820-1903), ”State Tampering with Money and Banks“ (1891)
Or with smart people who profit at the state's expense when it rescues fools from their mistakes. If it's known that folly has no adverse results, people will take more risks.
Another month has passed and here is a new rationality quotes thread. The usual rules are:
And one new rule: