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“the larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt production becomes insoluble.”
― Economics in One Lesson
― Economics in One Lesson
“The whole gospel of Karl Marx can be summed up in a single sentence: Hate the man who is better off than you are. Never under any circumstances admit that his success may be due to his own efforts, to the productive contribution he has made to the whole community. Always attribute his success to the exploitation, the cheating, the more or less open robbery of others. Never under any circumstances admit that your own failure may be owing to your own weakness, or that the failure of anyone else may be due to his own defects - his laziness, incompetence, improvidence, or stupidity.”
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“Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand.”
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“Memory believes before knowing remembers. Believes longer than recollects, longer than knowing even wonders.”
― Light in August
― Light in August
“Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment. It is the proper sphere of government to create and enforce a framework of law that prohibits force and fraud. But it must refrain from specific economic interventions. Government's main economic function is to encourage and preserve a free market. When Alexander the Great visited the philosopher Diogenes and asked whether he could do anything for him, Diogenes is said to have replied: "Yes, stand a little less between me and the sun." It is what every citizen is entitled to ask of his government.”
― Economics in One Lesson
― Economics in One Lesson
Mario’s 2025 Year in Books
Take a look at Mario’s Year in Books, including some fun facts about their reading.
353 books
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167 friends
1,806 books
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18 friends
617 books
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1,675 friends
136 books
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43 friends
441 books
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2,697 friends
233 books
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72 friends
140 books
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254 friends
87 books
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2,504 friends
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