“But with respect to future debt: would it not be wise and just for that nation to declare in the Constitution they are forming that neither the legislature, nor the nation itself, can validly contract more debt than they may pay within their own age?”– Thomas Jefferson
Adam Smith (1723-1790), was one of the most influential Scottish philosophers and a pioneer of political economy. The Wealth of Nations is probably his most important work, along with The Theory of Moral Sentiments, which he wrote at the time he was teaching moral philosophy at Glasgow. During the Scottish Enlightenment, Smith collaborated with David…
It’s nice to elect the right people, but that’s not the way you solve things. The way you solve things is by making it politically profitable for the wrong people to do the right things. – Milton Friedman
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded – here and there, now and then – are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right – thinking people. Whenever this tiny minority is kept from creating,…
Do not lie to yourself. Do not lie to other people unless they are exercising tyranny. When you think it is your duty to inflict pain,scrutinize your reasons closely. When you desire power, examine yourself closely as to why you deserve it. When you have power, use it to build up people, not to constrict…
If you tell the truth, you don’t have to remember anything.
If you are not prepared to use force to defend civilization, then be prepared to accept barbarism. – Thomas Sowell
“If you don’t support liberty even when it’s politically unpopular to do so, you don’t really support it at all.” – Austin Petersen
“We maintain the peace through our strength; weakness only invites aggression.” – Ronald Reagan, March 23, 1983
The free man owns himself. He can damage himself with either eating or drinking; he can ruin himself with gambling. If he does he is certainly a damn fool, and he might possibly be a damned soul; but if he may not, he is not a free man any more than a dog. – G….