Tag: economics
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January 1, 2025
THOUGHT OF THE DAY: “No passion so effectually robs the mind of all its powers of acting and reasoning as fear.” — Edmund Burke BIRTHDAYS: 1449 Lorenzo de’ Medici, talian statesman, the de facto ruler of the Florentine Republic, and the most powerful patron of Renaissance culture in Italy. 1628 Christoph Bernhard, German Baroque composer…
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December 31, 2024
THOUGHT OF THE DAY: “Socialists ignore the side of man that is the spirit. They can provide you shelter, fill your belly with bacon and beans, treat you when you’re ill, all the things guaranteed to a prisoner or a slave. They don’t understand that we also dream.” — Ronald Reagan BIRTHDAYS: 1573 Giulio Cesare…
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December 12, 2024
THOUGHT OF THE DAY: “Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment. It is the proper sphere of government to create and enforce a framework of law that prohibits force and fraud. But it must refrain from specific economic interventions. Government’s main economic function…
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December 11, 2024
THOUGHT OF THE DAY: “If only it were all so simple! If only there were evil people somewhere insidiously committing evil deeds, and it were necessary only to separate them from the rest of us and destroy them. But the line dividing good and evil cuts through the heart of every human being. And who…
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November 4, 2024
THOUGHT OF THE DAY: ”Socialism, like the ancient ideas from which it springs, confuses the distinction between government and society. As a result of this, every time we object to a thing being done by government, the socialists conclude that we object to its being done at all. We disapprove of state education. Then the…
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September 29, 2024
THOUGHT OF THE DAY: “A man who chooses between drinking a glass of milk and a glass of a solution of potassium cyanide does not choose between two beverages; he chooses between life and death. A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation…
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