Monday, April 23, 2012

Adam Smith's Recipe for prosperity

Adam Smith -- (Photo: James Hooper)

Adam Smith writing in his 1755 Lectures on Jurisprudence had a simple straightforward recipe for national prosperity which seems almost forgotten in our own day...

Commander K. at Adam Smith Institute, London
"Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes and a tolerable administration of justice; all the rest being brought by the natural course of things.  All governments which thwart this natural course, which force things into another channel or which endeavour to arrest the progress of society at a particular point, are unnatural, and to support themselves are obliged to be oppressive and tyrannical."

Commander Kelly says, "This should be platform number one for Conservatives in the USA this fall, and always!"

Source: One Nation Under Debt, Robert E. Wright, 2007.  http:/ <!-- Start Alexa Certify Javascript -->

No comments: