"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Enron: The Perils of Interventionism
"In mainstream thought, the fall of the once-iconic Enron Corporation (1986-2001) has become "Exhibit A" against unbridled business. To capitalism's critics, its collapse was about more than one company's bad management. Enron exposed the economic truth about the deregulation movement that had begun in the late 1970s, as well as the moral truth about the ebullient profit-seeking ethos that went along with it. And that truth was: In underregulated markets, greed will shamelessly sacrifice the virtues of fairness, honesty, justice, and even legality."
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