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May 12 2022

Countermoonbat Economic Truths

We can’t expect much more from universities these days than leftist propaganda regurgitated by mediocrities. Fortunately, it is still possible to learn about economics from great minds. These seven quotes could be worth more than a baccalaureate:

1. “Capitalism is a system that begins not with taking but with giving to others.” — George Gilder

2. “Nothing contributes so much to the prosperity and happiness of a country as high profits.” — David Ricardo

3. “Everyone wants to live at the expense of the state. They forget that the state lives at the expense of everyone.” — Frédéric Bastiat

4. “Differences in habits and attitudes are differences in human capital, just as much as differences in knowledge and skills — and such differences create differences in economic outcomes.” — Thomas Sowell

5. “If history could teach us anything, it would be that private property is inextricably linked with civilization.” — Ludwig von Mises

6. “The free market is not a system… It is not something that Washington implements. It does not exist in any legislation, law, bill, regulation, or book. It is what you get when people act on their own, entirely without central direction, and with their own property…” — Jeffrey Tucker

7. “Under capitalism, man oppresses man, but under socialism, it’s the other way around.” — Russ Roberts

Bonus quote from the video below:

“If you want to live a productive, fulfilling, and meaningful life, the free market is your best chance. Really, it’s your only chance.” — David Bahnsen

With annotation, via FrontPage Magazine:

On a tip from Blackjack.


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