Quote of the day
In England, the profession of the law is that which seems to hold out the strongest attraction to talent, from the circumstance, that in it ability, coupled with exertion, even though unaided by patronage, cannot fail of obtaining reward.
Herbert Stein
Born: August 27, 1916
Died: September 8, 1999 (aged 83)
Bio: Herbert Stein was a senior fellow at the American Enterprise Institute and was on the board of contributors of The Wall Street Journal. He was chairman of the Council of Economic Advisers under Richard Nixon and Gerald Ford.
Known for:
- The fiscal revolution in America (1969)
- Presidential economics (1984)