Category: Thought

The more opportunities there are in a Society for some persons to live upon the toil of others, and the less those others may enjoy the fruits of their work themselves, the more is diligence killed, the former become insolent, the latter despairing, and both negligent.

Anders Chydenius (1739 – 1803) was a Swedish priest and politician born in what is now Ostrobothnian Finland. This quotation is from The National Gain, §20, 1765.

The fact disclosed by a survey of the past that majorities have usually been wrong, must not blind us to the complementary fact that majorities have usually not been entirely wrong.

If Exchange saves efforts, it also exacts them. It extends, and spreads, and increases, up to the point at which the effort it exacts becomes equal to the effort which it saves, and it stops there until, by the improvement of the commercial apparatus, or by the circumstance exclusively of the condensation of population, and bringing men together in masses, it again returns to the conditions which are essential to its onward and ascending march. Whence it follows that laws which limit or hamper Exchanges are always either hurtful or superfluous.
Governments which persuade themselves that nothing good can be done but through their instrumentality, refuse to acknowledge this harmonic law.
Exchange develops itself NATURALLY until it becomes more onerous than useful, and at that point it NATURALLY stops.
In consequence, we find governments everywhere busying themselves in favouring or restraining trade.
In order to carry it beyond its natural limits, they set to conquering colonies and opening new markets. In order to confine it within its natural bounds, they invent all sorts of restrictions and fetters.

Frédéric Bastiat, Harmonies of Political Economy (from the Third French Edition, Patrick James Stirling, trans.).

Reason is not measured by size or height, but by principle.

Epictetus, Discourses Book I, Chapter 12.

If to be feelingly alive to the sufferings of my fellow-creatures is to be a fanatic, I am one of the most incurable fanatics ever permitted to be at large.

William Wilberforce was Britain’s most important anti-slavery activist.