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Adam Smith Invisible Hand Quote 2

by Mike Van Schoiack | Apr 14, 2015 | Adam Smith, Economics, Philosophers, Quotes

“The produce of the soil maintains at all times nearly that number of inhabitants which it is capable of maintaining. The rich only select from the heap what is most precious and agreeable. They consume little more than the poor, and in spite of their natural...

Adam Smith Invisible Hand Quote 1

by Mike Van Schoiack | Apr 14, 2015 | Adam Smith, Economics, Philosophers, Quotes

“As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce may be of the greatest value; every individual necessarily labours to render the annual...

Polybius on types of Government

by Mike Van Schoiack | Apr 1, 2015 | Government, Philosophers, Polybius, Quotes

“Monarchy first changes into its vicious allied form, tyranny; and next, the abolishment of both gives birth to aristocracy. Aristocracy by its very nature degenerates into oligarchy; and when the commons inflamed by anger take vengeance on this government for...

Polybius on Democracies

by Mike Van Schoiack | Apr 1, 2015 | Government, Philosophers, Polybius, Quotes, Subject

“democracy in its turn is abolished and changes into a rule of force and violence” as the people grow more “accustomed to feed at the expense of others and to depend for their livelihood on the property of others.” Polybius – The...

Blackstone on Education of Law

by Mike Van Schoiack | Oct 31, 2013 | Blackstone, Education, education, Philosophers, Quotes

“I think it an undeniable position, that a competent knowledge of the laws of that society in which we live, is the proper accomplishment of every gentleman and scholar; an highly useful, I had almost said essential, part of liberal and polite education. And in...

Blackstone on Natural Law

by Mike Van Schoiack | Oct 22, 2013 | Blackstone, Freedom, Government, Natural Law, Philosophers, Quotes

“Good and wise men, in all ages…have supposed, that the deity, from the relations, we stand in, to himself and to each other, has constituted an eternal and immutable law, which is, indispensably, obligatory upon all mankind, prior to any human institution...
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I do not say that democracy has been more pernicious on the whole, and in the long run, than monarchy or aristocracy. Democracy has never been and never can be so durable as aristocracy or monarchy; but while it lasts, it is more bloody than either.

— John Adams

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