Tag Archives: Economy

Thought For the Day: Government Should Be A Referee, Not An Active Player

“When government — in pursuit of good intentions — tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active … Continue reading

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First Principles: There Is An Indissoluble Union Between Virtue and Happiness

“There exists in the economy and course of nature, an indissoluble union between virtue and happiness; between duty and advantage; between the genuine maxims of an honest and magnanimous policy, and the solid rewards of public prosperity and felicity.” – … Continue reading

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First Principles: Choose Economy and Liberty Over Profusion and Servitude

“We must make our election between economy and Liberty, or profusion and servitude.” – Thomas Jefferson (1816)      

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First Principles: There Is A Direct Correlation Between Doing Good and Receiving Good

“[T]here exists in the economy and course of nature, an indissoluble union between virtue and happiness; between duty and advantage; between the genuine maxims of an honest and magnanimous policy, and the solid rewards of public prosperity and felicity.” – … Continue reading

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Thought For the Day: Socialism Only Works Until You Run Out of Other People’s Money

“Socialism works only until you run out of other people’s money.” – Margaret Thatcher      

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WordPress – #Daily Prompt – Mallet

With our mental battle flags unfurled We debate what makes a better world What might it take to develop it? More than socialism’s empty mallet No matter what pretty and fanciful lies they drape They can never change mankind’s mindscape … Continue reading

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First Principles: The Same Prudence Should Be Practiced In the Spending of Private and Public Funds

“The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of the public moneys.”  – Thomas Jefferson (1808)          

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First Principles: Mental Stimulation Promotes the Wealth of Nations

“To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, is not among the least considerable of the expedients, by which the wealth of a nation may be promoted.”  – Alexander Hamilton (1791)   … Continue reading

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First Principles: Excessive Taxation Brings the Ruin of A Nation

“There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least … Continue reading

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First Principles: A Nation Should Avoid Perpetual Debt

“We must not let our rulers load us with perpetual debt.” –Thomas Jefferson      

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