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Herbert Spencer

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The ultimate result of shielding men from the effects of folly, is to fill the world with fools.

Herbert Spencer, “State-Tamperings With Money and Banks,” Westminster Review (January 1858), which is a review of J. S. Mill’s Principles of Political Economy (1857), Henry Dunning Macleod’s The Elements of Political Economy (1857), Thomas Tooke’s On the Bank Charter Act of 1844 (1856), and James Wilson’s Capital, Currency and Banking (1847). This aphorism was “memed” on this site at https://thisiscommonsense.org////2015/02/09/something-about-folly/.

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