Quote of the day
The Constitution was the expression not only of a political faith, but also of political fears. It was wrought both as the organ of the national interest and as the bulwark of certain individual and local rights.
Herbert Stein
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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)