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Thought

Charles T. Sprading

It is not the difference in taste between individuals that Libertarians object to, but the forcing of one’s tastes upon another.

Charles T. Sprading, Liberty and the Great Libertarians (1913), preface.
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Thought

William Graham Sumner

We throw all our attention on the utterly idle question whether A has done as well as B, when the only question is whether A has done as well as he could.

William Graham Sumner, “The New Social Creed,” Earth-Hunger and Other Essays, p. 210 (1913).
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Thought

William Makepeace Thackeray

The sense of capitalism sobered and dignified Paul de Florac: at the age of five-and-forty he was actually giving up being a young man, and was not ill pleased at having to enlarge his waistcoats, and to show a little grey in his moustache. His errors were forgotten: he was bien vu by the Government. He might have had the Embassy Extraordinary to Queen Pomaré; but the health of Madame la Princesse was delicate. He paid his wife visits every morning: appeared at her parties and her opera box, and was seen constantly with her in public.

William Makepeace Thackeray, The Newcomes: Memoirs of a Most Respectable Family (1854-1855), Chapter XLVI: “The Hotel de Florac.” Perhaps the very first use of the word “capitalism” in English literature.

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Thought

Ludwig von Mises

The capitalist system was termed “capitalism” not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx. Nevertheless, there is no reason to reject Marx’s term, because it describes clearly the source of the great social improvements brought about by capitalism. Those improvements are the result of capital accumulation; they are based on the fact that people, as a rule, do not consume everything they have produced, that they save — and invest — a part of it.

Ludwig von Mises, Economic Policy: Thoughts for Today and Tomorrow (1979; Third Edition: 2006),
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Thought

Tom Lehrer

When you attend a funeral,
It is sad to think that sooner o’
Later those you love will do the same for you.
And you may have thought it tragic,
Not to mention other adjec-
Tives, to think ofall the weeping they will do. But don’t you worry.

No more ashes, no more sackcloth,
And an armband made of black cloth
Will some day never more adorn a sleeve:
For if the bomb that drops on you
Gets your friends and neighbors too,
There’ll be nobody left behind to grieve.

Tom Lehrer, beginning of the song “We Will All Go Together When We Go,” An Evening (Wasted) With Tom Lehrer (1959), track 2.
Categories
Thought

Sen. Howard Baker, Jr.

What did the president know, and when did he know it?

Senator Baker’s key question in the Watergate scandal.