Bonus Quotation of the Day…

(Don Boudreaux)

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… is from page 140 of Robert Higgs’s excellent July 1994 paper, originally published in Explorations in Economic History, “The Cold War Economy: Opportunity Costs, Ideology, and the Politics of Crisis” as this paper appears as Chapter 6 of Robert Higgs’s 2006 collection, Depression, War, and Cold War (footnote deleted; link added):

Manipulation of information is central to what modern governing elites do. Senator Daniel Patrick Moynihan, himself no stranger to the inner sanctums of government power, observed [as quoted on page 5 of this book] that “knowledge is power, and the ability to define what others take to be knowledge is the greatest power.”