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Quote of the Day

"Capitalism may be the sole avenue where otherwise debilitating character traits like greed and selfishness get channeled into harmonious community benefitting all. In capitalism, wealth is generated by mutually beneficial trade. Profit derives from adding value. The lure of gain engineers progress as directed by the market.

"Allowing the greedy their gains spurs production which grows the pie for all of us. Progressive taxation and cumbersome red tape may somewhat constrain greed, but these deny others the benefit of their efforts. Redistributions of wealth reward those susceptible to laziness and sloth, but consumption without production shrinks the pie."

     ~ Bill Flax, Blogger (Forbes' "The Courage to Do Nothing" blog)

HT Forbes Magazine

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