The Corner

It’s Willi Schlamm Day!

Both Rich Lowry and I take up Bill Buckley’s challenge, five years early. From my column:

Five years ago this week, my former boss William F. Buckley started a column thusly:

“Every ten years I quote the same adage from the late Austrian analyst Willi Schlamm, and I hope that ten years from now someone will remember to quote it in my memory. It goes, ‘The trouble with socialism is socialism. The trouble with capitalism is capitalists.’”

Well, Bill is gone now, but his memory lives, and I’m sure he’d forgive me for taking up his request five years early.

And here’s Lowry:

The late Austrian intellectual Willi Schlamm once said: “The trouble with socialism is socialism. The trouble with capitalism is capitalists.” And that was well before they sponsored the Obama Democrats.

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