“Nothing can be created from nothing.” (“Nil posse creare de nilo.”) |
“Fame sometimes hath created something of nothing.” |
“If you can supply something that stimulates conspicuous consumption, you can create something from nothing.” |
“The government can create something from nothing. It can spend more than it collects in taxes. If there are private savings lying fallow, the government can borrow them. If there are no such savings, it can borrow from itself (by simply printing more money).” |
“Just as something cannot be created from nothing, truth cannot be revealed by falsehood. Belief never yields knowledge...Public policy based on mere beliefs or opinions sooner or later crashes headlong into the wall of reality causing disastrous consequences.” |