Quotes
On taxes:
"To encourage whale-hunting, the English government prohibits vegetable oils which we burn in France in draught-lamps. What results from this? That one of these lamps, which costs a Frenchmen 60 francs per year, costs an Englishman 150 francs. The intention, some say, is to support the navy and to multiply the number of sailors, that each lamp nozzle costs Englishmen 90 more francs than in France. In this case, it is to multiply the number of sailors by the means of a trade that generates losses: it would be better to multiply them by a lucrative trade."
"A hard working laborer, I was told, fancied working by candlelight. He had calculated that, during his vigil, he burned a 4-penny candle, earning 8 pennies by his work. A tax on tallows and another on the manufacture of the candles increased by 5 pennies the cost of his luminary, which became thus more expensive than the value of the product that it could shed light upon. From then on, as soon as night fell, the workman remained idle; he lost the 4 pennies which his work could obtain him, and without the tax service perceiving anything out of this production. Such a loss must be multiplied by the number of the workmen in a city and by the number of the days of the year."
On property rights:
"There is no security of property, where a despotic authority can possess itself of the property of the subject against his consent. Neither is there such security, where the consent is merely nominal and delusive."
"The property a man has in his own industry, is violated, whenever he is forbidden the free exercise of his faculties or talents, except insomuch as they would interfere with the rights of third parties."
-Jean-Baptiste Say, A Treatise on Political Economy, 1803
Read more about this topic: Jean-Baptiste Say
Famous quotes containing the word quotes:
“Man is timid and apologetic; he is no longer upright; he dares not say I think, I am, but quotes some saint or sage.”
—Ralph Waldo Emerson (18031882)
“I quote another mans saying; unluckily, that other withdraws himself in the same way, and quotes me.”
—Ralph Waldo Emerson (18031882)
“Young people of high school age can actually feel themselves changing. Progress is almost tangible. Its exciting. It stimulates more progress. Nevertheless, growth is not constant and smooth. Erik Erikson quotes an aphorism to describe the formless forming of it. I aint what I ought to be. I aint what Im going to be, but Im not what I was.”
—Stella Chess (20th century)