- The Big Picture - http://www.ritholtz.com/blog -
QOTD: Bastiat on Plunder
Posted By Barry Ritholtz On February 29, 2012 @ 7:30 pm In Bailouts,Legal,Really, really bad calls | Comments Disabled
Fantastic quote from Bastiat :
“When plunder becomes a way of life for a group of men living in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.”
What else is there to add?
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2012/02/bastiat-plunder/
URLs in this post:
 Bastiat: http://bastiat.org/en/
 Frederic Bastiat: http://en.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Bastiat
 Bill Moyers: http://www.huffingtonpost.com/bill-moyers/money-throws-democracy-ov_b_1276769.html
Copyright © 2008 The Big Picture. All rights reserved.