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April 10, 2026
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"That was a decisive moment in Lincolnâs career, and thatâs the situation he faced when he got up to give his âHouse Dividedâ speech on June 16th of 1858. It was a crisis of his own career. It was also, in my opinion, the gravest crisis this country has ever faced, because the greatest danger to the future of the country came not, I think, from the pro-slavery argument, but from the morally neutral argument of Douglas. And thatâs a long story and youâll find it all spelled out in great detail in my book, which I hope you will read with great care."
"Now the Constitution doesnât say how this right is to be enforced, but it says it shall be done. And from 1793 to 1850 it depended upon the states honoring the Act. Well, that was not working, and so this federal law was substituted which provided enforcement procedures under the auspices of the federal government."
"If the people in this room were not citizens of the United States, if they were not citizens of any state, or of any sovereign government, and if we decided that we needed to, for our own protection, first beginning with safetyâSeptember 11th told us why we need each other for the sake of safetyâform a government, we have to recognize, each one of us, that this government shall protect the right to life, and to liberty, and property of each one of us. No one of us can say that he deserves protection for the government to be formed, but not somebody else, or that somebody is entitled to more protection than anybody else. Anybody who demands more protection from the government than his fellow citizens wonât be accepted as a fellow citizen."
"DiLorenzo thinks that it is a reflection on Lincoln's anti-slavery character that he supported the Fugitive Slave Act. But the Fugitive Slave Clause is in the Constitution, and Lincoln thought that any refusal to implement the right clearly defined in the Constitution would justify secession. You can't pick and choose which parts of the Constitution you like. Once you do that, then the Constitution is simply, as Jefferson said once, "a blank sheet of paper." Jefferson said that when he was contemplating purchasing Louisiana. And having said that by purchasing it he would make the Constitution a blank sheet of paper, he went ahead and purchased Louisiana."
"In the Lincoln-Douglas debates, Lincoln accomplished something almost miraculous. That is to say, what he had to do was to fight off the challenge of Douglas from the Republican side and at the same time drive a wedge between Douglas and the Southern Democrats. I compared his achievement in that to Stonewall Jacksonâs Valley Campaign, where Jackson fought two federal armies, beat them both and kept them close to Washington while he joined Lee before Richmond for the final battle of the seven days. It was a case of technical and strategic cleverness and profundity that is, I think, perhaps almost unrivaled in world history."
"So the repeal of the Missouri Compromise opened that whole territory to the ingress of slavery. That sparked the greatest political revolution in American History. In the spring of 1854, when the Kansas-Nebraska Act was passed, there was no Republican Party; there were no Republican congressmen. In the four elections of 1854, 100 Republican Congressmen were returned to the Congress. At that moment, Stephen A. Douglas was looked upon as the antichrist from the point of view of the anti-slavery movement."
"Three years later in the contest for Kansas, the administration headed by James Buchanan tried to railroad through a constitution called the Lecompton Constitution, which would have made Kansas a slave state, but on the basis of a phony vote. Douglas stuck to his popular-sovereignty doctrine, which meant that the people of the territory, in a fair vote, would decide for or against slavery. That was the way in which he replaced the Missouri Compromise restriction. It opened slavery, but it said that the decision in each territory would be made by the people in that territory on the basis of their preferences."
"The equality of mankind is best understood in light of a two-fold inequality. The first is the inequality of mankind and of the subhuman classes of living beings that comprise the order of nature. Dogs and horses, for example, are naturally subservient to human beings. But no human being is naturally subservient to another human being. No human being has a right to rule another without the other's consent. The second is the inequality of man and God. As God's creatures, we owe unconditional obedience to His will. By that very fact however we do not owe such obedience to anyone else. Legitimate political authorityâthe right of one human being to require obedience of another human beingâarises only from consent. The fundamental act of consent is, as the 1780 Massachusetts Bill of Rights states, "a social compact by which the whole people covenants with each citizen and each citizen with the whole people that all shall be governed by certain laws for the common good." The "certain laws for the common good" have no other purpose but to preserve and protect the rights that each citizen possesses prior to government, rights with which he or she has been "endowed by their Creator." The rights that governments exist to secure are not the gift of government. They originate in God."
"Slavery in the British colonies of North America was more than a century-and-a-half old before independence. It was roundly condemned, at one time or another, by nearly all the important political personages of the Revolution. I know of no instance in which any of these personages contradicted the doctrine of the Declaration, or maintained that slavery was a positive good. We must recognize, however, that slavery next to the family was perhaps the oldest institution of civilized mankind. Its origin in the ancient world came with the discovery that it was more profitable to enslave an enemy defeated in war than to kill him. The ancient law of the ancient city may be seen in the Bible. When the Israelites conquered Jericho, they put to the sword everyone in the cityâmen and women, young and old, sheep, oxen, and asses. Only Rahab the harlot and her family were spared, since they had given shelter to the Israelite spies. Later, in the custom of ancient warfare, the males of a defeated people would all be killed, but the women and children would be carried into slavery. Eventually the entire population of a defeated people would be enslaved. Such are the steps in the human story. That defeat in war meant slavery was the rule for many thousands of years."
"Well, Douglas became the leader of the Republicans in the struggle in Congress to defeat the Lecompton Constitution, and he succeeded. And from becoming the antichrist of the anti-slavery movement, he became the savior. And many people in the Republican Party wanted Lincoln and the Republicans in Illinois to support Douglas for reelection."
"Much has been written about Jefferson himself being laggard, later in life, in his efforts against slavery. But in Jefferson the draftsman and spokesman for the American people in the American Revolution, the man of whom Lincoln would say that he 'was, is, and perhaps will continue to be, the most distinguished politician of our history', there was never the least equivocation as to slavery's injustice and immorality."
"That the equality of human souls in the sight of God ought to be translated into a political structure of equal political rights has come to be regarded as the most authentic interpretation of the Gospel itself. Slavery, and the imposition of all arbitrary forms of inequality of man by man, has come to be seen as demeaning to the souls of God's creation."
"The subculture of American Negroes is perhaps the most deeply rooted of all American subcultures, since most black Americans are descended from ancestors who were on the North American continent long before those of the great majority of white Americans. And the blood of many of them is, in truth, mingled with that of the great white families of the colonial and Revolutionary periods. The achievements of this subculture, both in slavery and in freedom, are among the most exalted in human record. It is doubted whether any expression of the human spirit transcends the Negro spiritual."
"Abraham Lincoln was self-educated. His curriculum included Shakespeare, the Bible, Euclid and the Declaration of Independence, the monuments to the freedom of the human soul, the possession not of western man, but of a humanity compounded of all colors and every condition. In Independence Hall on February 22, 1861, Lincoln asked what it was, above all else, that went forth to the world on July 4, 1776. It was not, he said, the mere matter of the separation of the colonies from the motherland, but something in that Declaration giving hope to the world for all future time. The declaration gave promise that in due time the weights would be lifted from the shoulders of all men, and that all would have an equal chance. These are the principles upon which the Republican Party must stand, in 1996 no less than in 1860."
"There is a further and deeper reason why colonization failed and why all subsequent attempts to return Americans of African descent to Africa, even those originating solely within the black community, have failed. The reason is that the overwhelming majority of these Americans regard their destiny to be in the United States. They were, after all, sold into slavery originally by black tribesmen, who captured them in order to sell them, and who slaughtered the ones they did not sell. No resent of slavery, however profound, engendered any love of a mythical African homeland. To have asked them to return to Africa was not unlike asking American Jews whose parents or grandparents fled czarist or Stalinist tyranny to return to Russia. However involuntary their emigration from Africa, American Negroes, whether free or slave, have always seen America itself as the promised land. Both Christianity and the Declaration of Independence embodied promise to all men. They saw no better or equal hope anywhere else, and certainly not in Africa. The truth is that the slaves, ignorant and illiterate as they may have seemed, were far from unintelligent. The Bible that they heard about, even if they were not allowed to read it, contained stories that convinced them that the same God that had freed the children of Israel would free them. Jefferson Davis might have thought this to be mere credulity. Yet it certainly compared favorably with his own absurd reading of the story of Noah."
"Hubert Humphrey, one of the chief authors and sponsors of the Civil Rights Act of 1964, had declared that under Title VII no discrimination on the basis of race or color was to be lawful. He explicitly said that this meant no discrimination of white against black, and no discrimination of black against white."
"Suddenly, however, remedies for something called 'racism' became the order of the day. The word itself, like 'sexism', is of recent coinage and will not be found in any older dictionaries. The civil rights movement, premised upon individual rights, suddenly became the black power movement, premised upon group rights. 'Affirmative action' became a euphemism for the baldest kind of racial discrimination. That whites had long enjoyed preference over blacks was now taken to be a justification for blacks having preference over whites. What was lost sight of was that the evil of the past, whether of slavery or of Jim Crow, was evil not because it was done by whites to blacks, but because it was done by some human beings to other human beings. The purpose of the law was to end evil acts, not continue them in the guise of 'affirmative action'."
"While slavery meant Egypt, and slavemasters meant Pharoah, America itself remained the promised land. The slaves knew that it was not in Africa, Europe, or anywhere else that a nation had been founded upon the self-evident truth that all men are created equal. It was their destiny to cross over jordan here, and to make their decisive contribution to the human story here, by partaking of that new birth of freedom that alone could vindicate the cause of all human beings everywhere."
"Affirmative action, rightly understood, would justify a wide variety of outreach programs for those whose lives have been stultified by poverty, broken families, bad schools, and neighborhoods filled with drugs, crime and gangs. One can heartily commend a program for tutoring young blacks, or young whites, who had never had a genuine teacher in a real classroom. One cannot, however, commend a program of raising the grades of young blacks, but not young whites, without having raised their skills. And what possible justification can there be there for giving scholarship assistance to the child of a black middle-class family, while denying it to a poor white? Can one imagine a more crass disregard for the genuine meaning of the Equal Protection Clause? The priests of this new religion of 'affirmative action' are not without material interests. Hundreds of millions of corporate dollars are spent annually on 'sensitivity training'. Within the universities, centers for black, brown and women's (i.e., feminist) studies are being established, with vast amount of patronage bestowed upon them. Traditional courses in Plato, Aristotle, Thomas Aquinas, Shakespeare and the Bible continue to appear in the catalogs, but they are increasingly taught by 'deconstructionists', who have no interest in the texts, but only in subjective reactions to the texts."
"Pro-slavery impulse still governs the Democratic Party, the party of government sinecures. It is the party that wants to use political power to tax us not for any common good, but to eat while we work. Consider the Great Society and its legacy. In the fall of 1964, I was on the speech-writing staff of the Goldwater campaign. In September and October I went on a number of forays to college campuses, where I debated spokesmen for our opponents. My argument always started from here. In 1964 the economy, thanks to the Kennedy tax cuts, was growing at the remarkable annual rate of four percent. But federal revenues were growing at 20 percent; five times as fast. The real issue in the election, I said, was what was to happen to that cornucopia of revenue. Barry Goldwater would use it to reduce the deficit and to further reduce taxes; Lyndon Johnson would use it to start vast new federal programs. At that point I could not say what programs, but I knew that the real purpose of them would be to create a new class of dependents upon the Democratic Party. The ink was hardly dry on the election returns before Johnson invented the war on poverty; and proved my prediction correct. One did not need to be cynical to see that the poor were not a reason for the expansion of bureaucracy; the expansion of bureaucracy was a reason for the poor. Every failure to reduce poverty was always represented as another reason to increase expenditures on the poor. The ultimate beneficiary was the Democratic Party. Every federal bureaucrat became in effect a precinct captain, delivering the votes of his constituents. His job was to enlarge the pool of constituents. But every increase in that pool meant a diminution of our property and our freedom."
"The recently passed law to "end welfare as we know it" came about because a lethargic public has been aroused at last, not by the failure of the welfare system but by its success. The public indignation, however, would have been of no effect had we not elected a Republican Congress. No Democratic Congress would ever have passed such a law. Just as welfare reform may help end the poverty industry, the California Civil Rights Initiative on the November ballot may lead to the demise of another 1960s product, the racism and sexism industry. The 1964 Civil Rights Act outlawed discrimination based upon race, sex, color, religion or ethnic origin. The act was based on the premise that the only race to which a person must belong is the human race. With respect to God-given natural rights, "all men are created equal"."
"The civil rights establishment, led by the NAACP, fought the good fight that led to the Brown v. Board of Education decision in 1954 and the Civil Rights Acts of 1964 and 1965. They fought that fight under the banner of the Equal Protection Clause of the 14th Amendment, which reflected the equality proclaimed in the Declaration of Independence. The classic statement of this principle is to be found in Justice John Marshall Harlan's dissenting opinion in Plessy v. Ferguson, the infamous 1896 decision that enshrined "separate but equal" into constitutional law for more than half a century, "In view of the Constitution, in the eye of the law, there is in this country no superior dominant ruling class of citizens. There is no caste here. Our Constitution is color blind, and neither knows nor tolerates classes among citizens. In respect of civil rights, all citizens are equal before the law. The humblest is the peer of the most powerful. The law regards man as man, and takes no account of his surroundings or of his color when his civil rights as guaranteed by the supreme law of the land are involved"."
"Lincoln was again and again to refer to the proposition, 'all men are created equal', as an 'abstract truth', a truth which was the life principle of American law. The implications of this truth were only partially realized, even for white men, and largely denied as far as black men were concerned. Yet it supplied the direction, the meaning, of all good laws in this country, although the attempt at that time to achieve all that might and ought ultimately to be demanded in its name would have been disastrous. A law is foolish which does not aim at abstract or intrinsic justice; and so is it foolish to attempt to achieve abstract justice as the sole good by succumbing to the fallacy to which the mind is prone, which regards direct consequences as if they were the only consequences. Those who believe anything sanctioned by law is right commit one great error; those who believe the law should sanction only what is right commit another. Either error might result in foolish laws; and, although a foolish law may be preferable to a wise dictator, a wise law is preferable to both."
"The American Revolution and the Civil War were not merely discrete events. They constitute the first and last acts of a single drama. The fourscore and seven years between the Declaration of Independence and the Gettysburg Address comprehended the action of a tremendous world-historical tragedy."
"In the tradition of American constitutionalism, all men are equally endowed by their Creator with certain rights. The equality of man is understood in the light of man's inequality with God: because men are not and never can become God or gods â because unqualified wisdom is never available to human beings â only government by the consent of the governed, and under the rule of law, is intrinsically in accordance with the eternal order."
"Douglas's doctrine of 'popular sovereignty' meant no more than that: in a democracy justice is the interest of the majority, which is 'the stronger'. Lincoln, however, insisted that the case for popular government depended upon a standard of right and wrong independent of mere opinion and one which was not justified merely by the counting of heads."
"Alexander Hamilton Stephens' Constitutional View of the War Between the States, which was and remains probably the best defense of the Confederate cause. It is all about states' rights, and the defense of the minority against the tyranny of the numerical majority, although the "silent minority", the four million slaves, are never counted. It is substantially the book that Calhoun would have written had he been alive to do so. Stephens, who was Vice President of the Confederacy, had also been widely known, north and south, as one of the intellectual luminaries of his time."
"Jefferson Davis is categorical in pronouncing four million Americans, and all their descendants for all future time, to be "the degenerate sons of Ham", fit only to be slaves. This implies that Negroes were descended from the Canaanites. But the Canaanites were not black! Neither were the great majority of the many millions of slaves in the ancient world. We mention these facts as conclusively refuting Davis' thesis, even if there is someone not under legal constraint who is inclined to accept the lunatic notion that anyone today can be justly enslaved because of the episode described in the ninth chapter of Genesis."
"We see here the essence of the southern understanding of equality, why it was so highly prized, and why so resolutely defended. Every white man can be proud of himself, can consider himself an aristocrat, not because of his virtues or accomplishments, but simply because he is not black! By rejecting the principle that all men are created equal, by keeping "the degenerate sons of Ham" under foot, and under the lash, one need never do anything to become important, like members of the royal family. It is not without reason that Lincoln compared slavery to the divine right of kings! Calhoun demanded equality no less than Lincoln. But his equality required a "cornerstone" of slavery."
"Bob Dole and Jack Kemp declared that the Republican Party is the party of Lincoln. But just what is the connection between the Republican Party of 1860 and that of 1996? The essence of slavery, Lincoln said, was expressed in the proposition: "You work; I'll eat." Upon his election as president, he was besieged by office seekers who drove him to distraction. Lincoln was blunt in his judgment of the great majority of them. They wanted to eat without working. Lincoln saw the demand for the protection of slavery and the demand for government sinecures to be at bottom one and the same. The origin of all constitutional rights, according to Lincoln, was the right that a man had to own himself, and therefore to own the product of his own labor. Government exists to protect that right, and to regulate property only to make it more valuable to its possessors."
"The vice-president and the president of the Confederate States of America grounded their justification of American slavery on the grounds of a fraudulent science and a crazy fundamentalism. No sane person today can regard them as other than pathetic reminders of a society, like Nazi Germany, mentally unbalanced by its commitment to human inequality."
"John C. Calhoun was the philosopher-king of the old south, the spiritual mentor of Stephens, Davis, and most of the political leaders of the Confederacy. Bradford and McClellan, following Willmoore Kendall, are obsessed with the utterly false notion that Lincoln was somehow responsible for the permissive egalitarianism of the contemporary welfare state. But equality as such was no less important to Calhoun than to Lincoln. It was just a different kind of equality."
"The master class, which transforms everything and everyone into its instruments, imposes its views and values upon the wage slaves, who come to see the world through the eyes of their oppressors."
"If weâre going to start calling out religious and political groups for extremism, we could start at home with Republicans. Too many of them spew animus. Too many foment sectarianism. Too many sit by, or make excuses, as others appeal to tribalism. If Obama were to treat them the way they say he should treat Islam â holding the entire faith accountable for its ugliest followers â theyâd squeal nonstop about slander and demagogy. Theyâre lucky thatâs not his style."
"Mazur suggests that itâs possible to glimpse the essence of Grothendieckâs approach to mathematics by looking at two conceptsâcategories and functors. A category can be thought of almost as a grammar: take triangles, perhaps, and understand them in terms of their relationship to all other triangles. The category consists of objects, and relationships between objects. The objects are nouns and the relationships are verbs, and the category is all the ways in which they can interact. Grothendieckâs discoveries opened up mathematics in a way that was analogous to how Wittgenstein (and Saussure) changed our views of language."
"Vladimir Voevodsky and his collaborators have provided us with a very interesting candidate-category of motives: a category (of sheaves relative to an extraordinarily fine Grothendieck-style topology on the category of schemes) which in some intuitive sense âsoftens algebraic geometryâ so as to allow for a good notion of homotopy in an algebro-geometric setup and is sufficiently directly connected to concrete algebraic geometry to have already yielded some extraordinary applications. The quest for a full theory of motives is a potent driving force in complex analysis, algebraic geometry, automorphic representation theory, the study of L functions, and arithmetic. It will continue to be so throughout the current century."
"Number theory swarms with bugs, waiting to bite the tempted flower-lovers who, once bitten, are inspired to excesses of effort!"
"Hodge cohomology, algebraic de Rham cohomology, crystalline cohomology, the ĂŠtale â-adic cohomology theories for each prime number â ... A strategy to encapsulate all the different cohomology theories in algebraic geometry was formulated initially by Alexandre Grothendieck, who is responsible for setting up much of this marvelous cohomological machinery in the first place. Grothendieck sought a single theory that is cohomological in nature that acts as a gateway between algebraic geometry and the assortment of special cohomological theories, such as the ones listed aboveâthat acts as the motive behind all this cohomological apparatus. ..."
"Sometimes the mathematical anti-Platonist believes that headway is made by showing Platonism to be unsupportable by rational means, and that it is an incoherent position to take when formulated in a propositional vocabulary. It is easy enough to throw together propositional sentences. But it is a good deal more difficult to capture a Platonic disposition in a propositional formulation that is a full and honest expression of some flesh-and-blood mathematicianâs view of things. There is, of course, no harm in tryingâand maybe its a good exercise. But even if we cleverly came up with a proposition that is up to the task of expressing Platonism formally, the mere fact that the proposition cannot be demonstrated to be true wonât necessarily make it vanish. There are many thingsâsome true, some falseâ unsupportable by rational means."
"The new arguments for rules take an entirely different tack. They are based neither on the ignorance nor the knavery of public officials and, in fact, assume that everyone knows how the economy operatesâeven the government! Moreover, the government's objectives are assumed to coincide with the people's objectives, and everyone has rational expectations. Despite these seemingly ideal circumstances, modern critics argue that a central bank left with discretion will err systematically in the direction of excessive inflation. To remedy this distortion, they advocate a fixed rule."
"In central banking circles, it is viewed as obvious that the accumulation and destruction of reputational capital more closely resembles adaptive than rational expectations â it lags behind reality. Here, I think, the central bankers are closer to the truth than the economic theorists."
"Monetary policy decisions tend to regress toward the mean and to be inertialâand hence biased in just the same way that adaptive expectations are biased relative to rational expectations. But errors like that, while systematic, will generally be small and will tend to shrink over time. And, in return, the system builds in natural safeguards against truly horrendous mistakes."
"Economists have the least influence on policy where they know the most and are most agreed; they have the most influence on policy where they know the least and disagree most vehemently."
"How much do you think it costs to go to college? Most people are likely to answer by adding together their expenditures on tuition, room and board, books, and the like, and then deducting any scholarship funds they may receive. Suppose that amount comes to $15,000. Economists keep score differently. They first want to know how much you would be earning if you were not attending college. Suppose that salary is $20,000 per year. This may seem irrelevant, but because you give up these earnings by attending college, they must be added to your tuition bill. You have that much less income because of your education. On the other side of the ledger, economists would not count all of the universityâs bill for room and board as part of the costs of your education. They would want to know how much more it costs you to live at school rather than at home. Economists would count only these extra costs as an educational expense because you would have incurred these costs whether or not you attend college. On balance, college is probably costing you much more than you think. And, as we will see later, taking opportunity cost into account in any personal planning will help you to make more rational decisions."
"For a period of roughly 35 years, Keynesian theory provided a central paradigm for macroeconomists, and considerable progress was made on several empirical fronts. It was widely recognized that some of the ingredients of Keynesian economics (e.g. money illusion and/or nominal wage rigidity) rested on slender to non-existent microtheoretic foundations; and there were always dissenters. But, thought of as a collection of empirical regularities that fit together into a coherent whole, the theory worked tolerably well. In the 1970s, however, the Keynesian paradigm was rejected by a great many academic economists, especially in the United States, in favour of what we now call new classical economics. By about 1980, it was hard to find an American academic macroeconomist under the age of 40 who professed to be a Keynesian. That was an astonishing intellectual turnabout in less than a decade, an intellectual revolution for sure."
"Keynesian economics is the economics of nominal rigidities basically, nominal rigidities everywhere. Fully anticipated money does affect output. Everybody can see that! So, it's right. The fact that it's not as theoretically tidy as Lucas's 1972 Journal of Economic Theory paper is not a reason to throw it away. That's become a minority view in this profession, unfortunately. It wouldn't have been in the '60s."
"Politicians use research findings the way a drunk uses a lamppost: for support, not for illumination."
"The word âKeynesianâ means many things to many people. Decades ago, it was a carelessly applied label for economic liberals and interventionists in general. For a while in the late 1970s and early 1980s it became a pejorative term more or less synonymous with old-fashioned."
"Again, some of this stuff gets â some of the language and concepts are just confusing. The government definitely prints money, and it definitely lends that money by selling bonds. Is that what they do? They sell bonds, yeah, they sell bonds. Right? Since they sell bonds, and people buy the bonds, and lend them the money. A lot of times, at least to my ear with MMT, the language and the concepts can be kind of unnecessarily confusing but there is no question that the government prints money and then it uses that money to um, uh ⌠I guess I'm just, I can't really, I don't get it, I don't know what they're talking about. . . . It's like, the government clearly prints money, it does it all the time, and it clearly borrows, otherwise you wouldn't be having this debt and deficit conversation. So I don't think there's anything confusing there."
"First and foremost, Keynesian economics is a theory of aggregate demand and of the effects of aggregate demand on real output and inflation."