The Only Real Cure For Poverty Is

The Mounting Burden Of Taxation Not Only Undermines Individual Incentives To Increased Work And Earnings, But In A Score Of Ways Discourages Capital Accumulation And Distorts, Unbalances, And Shrinks Production.

Once The Idea Is Accepted That Money Is Something Whose Supply Is Determined Simply By The Printing Press, It Becomes Impossible For The Politicians In Power To Resist The Constant Demands For Further Inflation.

Bureaucrats Denounce Private Enterprise For The Consequences Of Their Own Reckless Policies And Demand Still More Governmental Controls.

New Taxes Are So Unpopular That Most 'social' Handout Schemes Are Originally Enacted Without Enough Increased Taxation To Pay For Them. The Result Is Chronic Government Deficits, Paid For By The Issuance Of Additional Paper Money.

The Bad Economist Sees Only What Immediately Strikes The Eye; The Good Economist Also Looks Beyond. The Bad Economist Sees Only The Direct Consequences Of A Proposed Course; The Good Economist Looks Also At The Longer And Indirect Consequences. The Bad Economists Sees Only What The Effect Of A Given Policy Has Been Or Will Be On One Particular Group; The Good Economist Inquires Also What The Effect Of The Policy Will Be On All Groups