Prosperity & Poverty in 12 sentences

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Economics / Political Commentary / Political Philosophy / Society & Culture

Six principles essential to a free, prosperous and humane society:

1. Political power is the most dangerous kind, and must be kept in check.

2. Put resources where resources are generated—if the goose that lays the golden egg is well-fed we’ll all be better off.

3. Human beings have a right to the expression of their ideas, and ownership over their lives and the fruits of their labor.

4. Nothing is free—every choice has a cost, and every cost requires sacrifice.

5. The consequences of choices, positive and negative, must be felt by those directly responsible for them.

6. Millions of people’s needs can only be met by millions of people making millions of decisions.


Six myths that lead to oppression and poverty:

1. People are a product of their environment.

2. People are happier and better off when productivity and income are unrelated

3. Human conflict can be eradicated.

4. Individuals being left to their own pursuits creates social division and disorder.

5. The “community” is responsible for the condition of the individual.

6. Unpreferable behavior should be stopped and/or prevented through force.


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