Saturday, October 15, 2005

Wisdom from the 18th Century

Here's a good idea from Adam Smith in The Wealth of Nations:
The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Would Mr. Smith suppport the W, Rove and Co were he alive today? Doubt it.

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