Tag Archives: Policy

Dealing With the New Deal

American history continues into the 1930s and the Great Depression. Dealing With the New Deal by Michael Doyle Had Coolidge been in power for Wall Street’s fall The safe bet is he would have done little or nothing at all … Continue reading

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First Principles: There Exists In the Economy and Course of Nature, 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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Thought For the Day: Envy Is Not the Basis of Sound Economic Policy

“Envy is not the basis of sound economic policy.” – Robin Smith      

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First Principles: Though We Seek Peace, It Is Our Necessity To Provide For Defense By All Means

“Although our prospect is peace, our policy and purpose are to provide for defense by all those means to which our resources are competent.” – Thomas Jefferson      

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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: Peace Is Better Than War, War Is Better Than Tribute

“It is a principle incorporated into the settled policy of America, that as peace is better than war, war is better than tribute.” – James Madison (1816)      

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First Principles: All Commercial Policy Should Be Equal and Impartial As We Seek Harmonious, Liberal Trade With All Nations

“Harmony, liberal intercourse with all Nations, are recommended by policy, humanity and interest. But even our Commercial policy should hold an equal and impartial hand: neither seeking nor granting exclusive favours or preferences; consulting the natural course of things; diffusing … Continue reading

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First Principles: Federal Law Must Be Equitable To All Parts of Our Nation

“History affords us many instances of the ruin of states, by the prosecution of measures ill suited to the temper and genius of their people. The ordaining of laws in favor of one part of the nation, to the prejudice … Continue reading

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Thought For the Day: Only In Allowing the Human Spirit To Invent and Create Taking A Personal Stake Can Societies Remain Dynamic

“Only when the human spirit is allowed to invent and create, only when individuals are given a personal stake in deciding economic policies and benefiting from their success — only then can societies remain economically alive, dynamic, progressive, and free.” … Continue reading

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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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