Monday, June 29, 2009

Liberty Quote Of The Day: Calvin Coolidge

President Coolidge, in TILB's opinion, is a massively underappreciated president. We largely attribute this to the fact he was president during a time of peace and prosperity - in essence, an environment that was uneventful from the standpoint of historians. We argue that is the sort of period we should study and aim to replicate, but heroes are not made during times of happiness and Coolidge was an understated man to begin with (relative to most presidents, at least).

In the short quote below, we see President Coolidge grasp the nature of incentives and the dangers of government believing it can craft success through dictum.

Don't expect to build up the weak by pulling down the strong.