All that the hand of man can uprear, is either overturned by the hand of man, or at length by standing and continuing consumed: as if there were a secret opposition in Fate (the unevitable decree of the Eternal) to control our industry, and countercheck all our devices and proposing. Possessions are not enduring, children lose their names. . . .
|
In the school of political projectors, I was but ill entertained, the professors appearing, in my judgment, wholly out of their senses; which is a scene that never fails to make me melancholy. These unhappy people were proposing schemes for persuading monarchs to choose favorites upon the score of their wisdom, capacity, and virtue; of teaching ministers to consult the public good; of rewarding merit, great abilities, and eminent services, of instructing princes to know their true interest, by placing it on the same foundation with that of their people; of choosing for employment persons qualified to exercise them; with many other wild impossible chimeras, that never entered before into the heart of man to conceive; and confirmed in me the old observation, that there is nothing so extravagant and irrational which some philosophers have not maintained for truth.
|
It was the main definition of what capitalism is. I guess you would call me a free-market economist, that we shouldn't have the kind of government subsidies that Chase was proposing.
|