Government And Business

Quote of the Day: Taxation

“In view of what they hear from the experts, the people cannot be blamed for their ignorance and their helpless confusion. If an average housewife struggles with her incomprehensibly shrinking budget and sees a tycoon in a resplendent limousine, she might well think that just one of his diamond cuff links would solve all her problems. . .”
Government And Business

Policy Digest: Welfare State Edition

You may have heard about “inversions,” which have become a hot topic of debate in the wake of Burger King’s acquisition of Tim Hortons. Megan McArdle provides some much-needed context for that debate (although my jaw dropped when I got to her line about “what you owe the government that raised you”). Cato Institute scholar and Debt Dialogues guest Dan Mitchell has more.

Further Reading

Ayn Rand | 1957
For the New Intellectual

The Moral Meaning of Capitalism

An industrialist who works for nothing but his own profit guiltlessly proclaims his refusal to be sacrificed for the “public good.”
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Ayn Rand | 1961
The Virtue of Selfishness

The Objectivist Ethics

What is morality? Why does man need it? — and how the answers to these questions give rise to an ethics of rational self-interest.
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