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Tag Archives: Institution
First Principles: The Unlimited Power To Tax Necessarily Is the Power To Destroy
“An unlimited power to tax involves, necessarily, a power to destroy; because there is a limit beyond which no institution and no property can bear taxation.” – John Marshall (1819)
Posted in First Principles
Tagged Bear, Destroy, First Principles, Institution, John Marshall, Limit Beyond, McCulloch v Maryland, Power, Property, Tax, Taxation, Unllimited Power
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Thought For the Day: The Shadow of A Man Is Determined By Character
“Every great institution is the lengthened shadow of a single man. His character determines the character of the organization.” – Ralph Waldo Emerson, writer and philosopher (25 May 1803-1882)
Posted in Thought For the Day
Tagged Character, Heroism, Individual, Institution, Man, Organization, Ralph Waldo Emerson, Shadow, Thought For the Day
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Thought For the Day: In Science, Skepticism Is A Virtue
“Most institutions demand unqualified faith; but the institution of science makes skepticism a virtue.” – Robert King Merton, sociologist (4 Jul 1910-2003)
Posted in Thought For the Day
Tagged Faith, Institution, Robert K Merton, Science, Skepticism, Thought For the Day, Unqualified, Virtue
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ALOHA PROMISES FOREVER 