Quotation of the Day…

by Don Boudreaux on May 13, 2013

in Intervention

… is from page 261 of Robert Higgs’s indispensable 1987 book, Crisis and Leviathan:

After the ideological transformation that took place during the Progressive Era, each genuine crisis has been the occasion for another ratchet toward Bigger Government.  The Progressive ideological imperative that government must “do something,” must take responsibility for resolving any perceived crisis, insures new actions.  The actions have unavoidable costs, which governments have an incentive to conceal by substituting coercive command-and-control devices for pecuniary fiscal-and-market means of carrying out their chosen policies.

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