People born into families with every advantage of wealth, education, and social position may be able to achieve a high level of productivity without any great struggle that would indicate individual merit. Conversely, people who have had to struggle to overcome many disadvantages, in order to achieve even a modest level of productivity, may show great individual merit. But an economy is not a moral seminar authorized to hand out badges of merit to deserving people. An economy is a mechanism for generating the material wealth on which the standard of living of millions of people depend. Pay is not a retrospective reward for merit but an incentive for contributing to production. —Thomas Sowell
People born into families with every advantage of wealth, education, and social position may be able to achieve a high level of productivity without any great struggle that would indicate individual merit. Conversely, people who have had to struggle to overcome many disadvantages, in order to achieve even a modest level of productivity, may show great individual merit. But an economy is not a moral seminar authorized to hand out badges of merit to deserving people. An economy is a mechanism for generating the material wealth on which the standard of living of millions of people depend. Pay is not a retrospective reward for merit but an incentive for contributing to production. —Thomas Sowell
Government handouts actually perpetuate poverty by creating a culture of dependency. As welfare policy expert Robert Rector put it: The welfare system that has existed for the past thirty years may best be conceptualized as a system that offered each single mother with two children a “paycheck” of combined benefits worth an average of between $8,500 and $15,000, depending on the state. The mother had a contract with the government. She would continue to receive her “paycheck” as long as she fulfilled two conditions: 1. She must not work. 2. She must not marry an employed male. Walter Williams: The greatest percentage of poverty is found in female-headed households. Over 70 percent of female-headed households are poor. A large percentage of poor people are children (17 percent); fully 85 percent of black children living in poverty reside in a female-headed household.
Government handouts actually perpetuate poverty by creating a culture of dependency. As welfare policy expert Robert Rector put it: The welfare system that has existed for the past thirty years may best be conceptualized as a system that offered each single mother with two children a “paycheck” of combined benefits worth an average of between $8,500 and $15,000, depending on the state. The mother had a contract with the government. She would continue to receive her “paycheck” as long as she fulfilled two conditions: 1. She must not work. 2. She must not marry an employed male.
Walter Williams: The greatest percentage of poverty is found in female-headed households. Over 70 percent of female-headed households are poor. A large percentage of poor people are children (17 percent); fully 85 percent of black children living in poverty reside in a female-headed household.
Government handouts actually perpetuate poverty by creating a culture of dependency. As welfare policy expert Robert Rector put it: The welfare system that has existed for the past thirty years may best be conceptualized as a system that offered each single mother with two children a “paycheck” of combined benefits worth an average of between $8,500 and $15,000, depending on the state. The mother had a contract with the government. She would continue to receive her “paycheck” as long as she fulfilled two conditions: 1. She must not work. 2. She must not marry an employed male.
Walter Williams: The greatest percentage of poverty is found in female-headed households. Over 70 percent of female-headed households are poor. A large percentage of poor people are children (17 percent); fully 85 percent of black children living in poverty reside in a female-headed household.
The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray Rothbard
The government is the only institution in society with the power to counterfeit—to create new money. So long as it continues to use that power, we will continue to suffer from inflation. —Murray Rothbard
As early as 2010, 43% of all poor households owned their own homes. The average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage and a porch or patio. Eighty percent of poor households have air conditioning. The typical poor American has more living space than the average non-poor individual living in Paris, London, Vienna, Athens and other cities throughout Europe. Ninety-seven percent of poor households have one or more color televisions — half of which are connected to cable, satellite or a streaming service. Some 82% of poor families have one or more smartphones. Eighty-nine percent own microwave ovens and more than a third have an automatic dishwasher. Most poor families have a car or truck and 43% own two or more vehicles. —Walter Williams
As early as 2010, 43% of all poor households owned their own homes. The average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage and a porch or patio. Eighty percent of poor households have air conditioning. The typical poor American has more living space than the average non-poor individual living in Paris, London, Vienna, Athens and other cities throughout Europe. Ninety-seven percent of poor households have one or more color televisions — half of which are connected to cable, satellite or a streaming service. Some 82% of poor families have one or more smartphones. Eighty-nine percent own microwave ovens and more than a third have an automatic dishwasher. Most poor families have a car or truck and 43% own two or more vehicles. —Walter Williams
It is hardly “charity” to take wealth by force and hand it over to someone else. Indeed, this is the direct opposite of charity… Compulsory confiscation can only deaden charitable desires completely, as the wealthier grumble that there is no point in giving to charity when the State has already taken on the task. —Murray Rothbard
It is hardly “charity” to take wealth by force and hand it over to someone else. Indeed, this is the direct opposite of charity… Compulsory confiscation can only deaden charitable desires completely, as the wealthier grumble that there is no point in giving to charity when the State has already taken on the task. —Murray Rothbard
Prohibiting something that is highly desired does not make the desire go away but merely ensures that the supply of that good is provided in the most dangerous and undesirable manner possible, and endows criminal sectors of society with additional wealth and power. —Ron Paul (The Revolution: A Manifesto)
Prohibiting something that is highly desired does not make the desire go away but merely ensures that the supply of that good is provided in the most dangerous and undesirable manner possible, and endows criminal sectors of society with additional wealth and power. —Ron Paul (The Revolution: A Manifesto)
People acting in their own self-interest is the fuel for all the discovery, innovation, and prosperity that powers the world. —John Stossel (In Defense of Capitalism)
People acting in their own self-interest is the fuel for all the discovery, innovation, and prosperity that powers the world. —John Stossel (In Defense of Capitalism)
As long as government has the power to regulate business, business will control government, by funding the candidate that legislates in their favor. A free-market thwarts lobbying by taking the power that corporations seek, away from government! The only sure way to prevent the rich from buying unfair government influence is to stop allowing government to use physical force against peaceful people. —Mary J. Ruwart
As long as government has the power to regulate business, business will control government, by funding the candidate that legislates in their favor. A free-market thwarts lobbying by taking the power that corporations seek, away from government! The only sure way to prevent the rich from buying unfair government influence is to stop allowing government to use physical force against peaceful people. —Mary J. Ruwart
If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that ye were our countrymen. —Samuel Adams
If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that ye were our countrymen. —Samuel Adams
