Americans have a strange notion that the ordinary laws of economics do not apply to them. So doubtless they will think they are prosperous if the boom starts, and that deficits and indebtedness are merely signs of how prosperous they are.
Albert J. NockThe mind is like the stomach. It is not how much you put into it that counts, but how much it digests...
Albert J. NockAs might be supposed, my parents were quite poor, but we somehow never seemed to lack anything we needed, and I never saw a trace of discontent or a failure in cheerfulness over their lot in life, as indeed over anything.
Albert J. NockIt is easy to prescribe improvement for others; it is easy to organize something, to institutionalize this or that, to pass laws, multiply bureaucratic agencies, form pressure groups, start revolutions, change forms of government, tinker at political theory. The fact that these expedients have been tried unsuccessfully in every conceivable combination for 6,000 years has not noticeably impaired a credulous unintelligent willingness to keep on trying them again and again.
Albert J. Nock