“It is said that [Robin Hood] fought against the looting rulers and returned the loot to those who had been robbed, but that is not the meaning of the legend which has survived. He is remembered, not as a champion of property, but as a champion of need, not as a defender of the robbed, [...]
Entries Tagged as ‘Economics’
July 10, 2009
Francisco d’Anconia on Money
“So you think that money is the root of all evil? … Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to [...]
July 10, 2009
Francisco d’Anconia on Work
“…there is nothing of any importance in life — except how well you do your work. Nothing. Only that. Whatever else you are, will come from that. It’s the only measure of human value. All the codes of ethics they’ll try to ram down your throat are just so much paper money put out by [...]
July 10, 2009
Dagny Taggart on Punishing Ability
“Nothing can make self-immolation proper. Nothing can give them the right to turn men into sacrificial animals. Nothing can make it moral to destroy the best. One can’t be punished for being good. One can’t be penalized for ability. If that is right, then we’d better start slaughtering one another, because there isn’t any right [...]
February 16, 2009
George Washington on National Debt
“As a very important source of strength and security, cherish public credit. One method of preserving it is, to use it as sparingly as possible; avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it; avoiding likewise the accumulation of [...]
February 14, 2009
Milton Friedman on Equality
“A society that puts equality — in the sense of equality of outcome — ahead of freedom will end up with neither equality nor freedom.”
– Milton Friedman, Free to Choose
June 28, 2007
N.T. Wright on Distribution of Wealth
“It doesn’t take a Ph.D. in macroeconomics to know that if the rich are getting richer by the minute, and the poor poorer, there is something badly wrong.”
– N.T. Wright, Simply Christian: Why Christianity Makes Sense, chapter 1
