If patriotism is, as Dr. Johnson used to remark, the last refuge of the scoundrel, wrapping outdated industry in the mantle of national interest is the last refuge of the economically dispossessed. In economic terms, pleading national interest is the declining cottage industry of those who have been bypassed by the global economy.
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Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
The politicians don't just want your money. They want your soul. They want you to be worn down by taxes read more
The politicians don't just want your money. They want your soul. They want you to be worn down by taxes until you are dependent and helpless. When you subsidize poverty and failure, you get more of both.
I'm proud to be paying taxes in the United States. The only thing is -- I could be just as read more
I'm proud to be paying taxes in the United States. The only thing is -- I could be just as proud for half the money.
A fool and his money are soon parted. - Five Hundred Points of Good Husbandry.
A fool and his money are soon parted. - Five Hundred Points of Good Husbandry.
He that maketh haste to be rich shall not be innocent. [Proverbs 28:20].
He that maketh haste to be rich shall not be innocent. [Proverbs 28:20].
People don't have fortunes left them in that style nowadays; men have to work and women to marry for money. read more
People don't have fortunes left them in that style nowadays; men have to work and women to marry for money. It's a dreadfully unjust world.
Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
Whether he admits it or not, a man has been brought up to look at money as a sign of read more
Whether he admits it or not, a man has been brought up to look at money as a sign of his virility, a symbol of his power, a bigger phallic symbol than a Porsche.
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility read more
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.
