|Thursday, December 15, 2011||(Comment)|
Five secrets for a successful economy
You cannot legislate the poor into industry by legislating the rich out of it. You don't add wealth by subtracting it. Government cannot take any land-rent that a landowner doesn't first take from somebody else. Whenever somebody receives something without working for it, somebody else has to work for it without receiving. The worst thing that can happen to a nation is for landowners to get the idea they don't have to work because somebody else will pay them for access to land, and other people to get the idea that it does no good to work because the government takes the fruits of their labor to make up for its failure to collect the rent of land.
[With respect, but without apology, to Adrian Rogers.]
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