Another way to look at it is, if we’re too stupid to make decisions for ourselves, how can we be smart enough to elect the right people to make decisions for us?
If one rejects laissez faire on account of man’s fallibility and moral weakness, one must for the same reason also reject every kind of government action.
– Ludwig von Mises
Planning for Freedom (1952), p. 44
Democracy is a pathetic belief in the collective wisdom of individual ignorance.
– H.L. Mencken