After seeing his state holding down the second worst spot in the country for economic prospects Governor Scott reached out to coach extraordinaire Ted Lasso in hopes he can work his magic to turn around Vermont’s bleak future.
Articles tagged as
Adam Smith
Notable Quote – Radical Ideas CAN be the Right ones!
History has shown that voluntary economic trade between individuals, without the “guiding” Hand of the Government, has lifted billions out of poverty and onto the road of a higher standard of living at lower costs and higher quality compared to when markets were controlled by others and such decisions were made beforehand.
Notable Quote – When Someone Treats You Like a Child
To speak of any kind of “paternalism” justly smacks of “parentalism,” of treating others like children, and that brings us to the third problem, the cultivation of self-command.
Heavily Subsidised Sloth vs. Free Market ‘Price Signals’
Price Point – not only is it a signal of relative value in which the producer thinks what an offer is worth but also signals back to the producer what the consumer thinks about it (too high, or too low).
Notable Quote – Limiting Restrictions on Liberty is always a “Public Good”
The restrictions on ‘natural liberty’ surely constitute ‘public bads’, from which it follows that their removal would be equivalent to the production of ‘public goods’. And surely these ‘public goods’ would increase the utility of persons in the community more than the sometimes piddling adjustments that are suggested for correcting minor market distortions. Smith would … Read more
Notable Quote – Adam Smith
The person who employs his stock in maintaining labour, necessarily wishes to employ it in such a manner as to produce as great a quantity of work as possible. He endeavours, therefore, both to make among his workmen the most proper distribution of employment, and to furnish them with the best machines which he can … Read more
Kathy Sullivan Channels Adam Smith?
Kathy Sullivan channels Adam Smith (?) in John DiStaso’s Granite Status…(In regard to the Casino Bill Vote)
“But what amazed me is the lack of willingness (by opponents of both parties) to recognize the amount of gambling we already have in New Hampshire, with all of the under-regulated charitable gaming, and it continues to grow and grow,” Sullivan said.
“It’s as if they don’t see it, but it’s there.”
The key phrases here are “under-regulated” and “continues to grow and grow.”
If Sullivan’s intellectual agility were not chained to the statist dogma of the Democrat party she might have been able to reach the obvious conclusion that if you under regulate “it,” “it” is almost guaranteed to grow and grow, and that includes employment, wages, wealth creation, opportunity, self-reliance, charity, and even tax revenue; while costs and prices are not-so-mysteriously driven inexorably down by growing choice and competition.
Notable Quote – Adam Smith
The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable. The patrimony of a poor man lies in the strength and dexterity of his hands; and to hinder him from employing this strength and dexterity in what … Read more
Notable Quote: Adam Smith – The Avarice of ‘Princes’
…for in every country of the world, I believe, the avarice and injustice of princes and sovereign states, abusing the confidence of their subjects, have by degrees diminished the real quantity of metal, which had been originally contained in their coins. … By means of those operations, the princes and sovereign states which performed them … Read more
Notable Quote: Adam Smith
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their own interest. We address ourselves, not to their humanity, but to their self love, and never talk to them of our own necessities, but of their advantages. Nobody but a beggar chooses to … Read more
Yesterday was Chick-Fil-a day! And a hateful CFO is getting canned?
Update: Yes, for the hate filled rant below, Adam Smith is no longer the CFO at Vante. Thanks to the commentors for confirming it! “Always tastes better when it is full of hate!” All the way down to DC, I kept hearing how Conservative folks have been flocking (pun intended) to Chick-Fil-A outlets to support … Read more