Tag Archives: Finance

First Principles: The Most Productive Finance System Will Always Be The Least Burdensome

“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 Use the Same Prudence In Finances As An Individual Would Use

“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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