by Mike Van Schoiack | May 12, 2018 | Government, Natural Law, Uncategorized
In 1861, on reading the Origin of Species, Marx exulted: “Darwin’s book is very important and serves me as a natural scientific basis for the class struggle in history. One has to put up with the crude English method of development, of course.” Source: Discovery...
by Mike Van Schoiack | Oct 3, 2016 | Ben Franklin, Constitution, Founders, Government, New, Quotes
Benjamin Franklin anecdote: “A lady asked Dr. Franklin Well Doctor what have we got a republic or a monarchy. A republic replied the Doctor if you can keep it.” Notes from Dr. James McHenry, Maryland delegate to the constitutional Convention, published in The American...
by Mike Van Schoiack | Mar 5, 2016 | Debt, Economics, economy, New, Quotes
“I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.”...
by Mike Van Schoiack | Mar 5, 2016 | Economics, economy, Founders, John Adams, New, President, Quotes
“The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to be careful to prevent their growth in our own.” John Adams, First Address to Congress, Nov. 23, 1797
by Mike Van Schoiack | Mar 5, 2016 | Economics, economy, Founders, New, President, Quotes, Thomas Jefferson
“We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in...
by Mike Van Schoiack | Mar 5, 2016 | Economics, economy, Founders, George Washington, New, President, Quotes
“There is no practice more dangerous than that of borrowing money; for when money can be had in this way,’ repayment is seldom thought of in time, the interest becomes a moth, exertions to raise it by dent of industry ceases, it comes easy and is spent...
