The MUFC_Reds

“A tax is a fine for doing well. A fine is a tax for doing wrong.” — Mark Twain

“When you fear something, learn as much about it as you can. Knowledge conquers fear.” — Edmund Burke

We could talk all day about the differences between "equality" and "equity" and whether these things are worth pursuing in their own right. But Walter Williams cuts to the heart of the matter: outcomes. What's better, a setup where some people have more or better things than others, but the worst off are still pretty good? Or a system where everyone is equally bad off?

“You can’t control people who are free.” That’s why they hate capitalism. Not because it fails. Because it works. Every voluntary exchange creates value. Both parties gain. That’s what wealth is. That’s why free markets lift people out of poverty — and why elites despise them. The objection was never economic. It was always about control. “If poor people can’t make good decisions for themselves, they need an elite who will tell them what to do.” James Lindsay called it elite theory. Elites call it “the common good.”

"Capitalism created the possibility of the win win win. It used to be a zero sum game where somebody won, somebody else lost. The biggest mistake people make, intellectuals in particular, they still think we're in a zero sum world. They're obsessed with some billionaires because Bernie Sanders thinks that Jeff Bezos and Elon Musk somehow stole the money from the people. They don't understand that it's this prosperity machine that's creating more, not just for those billionaires, but for everything that they're touching. They're creating value for their customers, they're creating value for their employees. Their suppliers are flourishing, their investors are seeing their capital go up. It can be reinvested and compound. All philanthropy ultimately comes from business. That's where the profits are. Where does all the taxes come from? It ultimately comes from business as well. This is the engine that's lifting humanity out. The entrepreneurs are the drivers of that engine. Somebody like Elon Musk, he gets a very, very, very tiny sliver of the value that he creates for the whole world." — @iamjohnmackey

🚨Milton Friedman: "los mayores enemigos del libre mercado no son solo políticos... TAMBIÉN académicos y empresarios que temen competir".

"El bienestar del pueblo siempre ha sido la excusa de los tiranos" Albert Camus

"Una de las razones más importantes para estudiar la historia es que prácticamente todas las ideas estúpidas que hoy están de moda ya se han probado antes y han resultado desastrosas, una y otra vez. ¿Tenemos que seguir repitiendo los mismos errores eternamente?" Thomas Sowell

15 Uncomfortable Truths That Lead to True Wisdom: 1.

“No matter how much people on the left talk about compassion, they have no compassion for the taxpayers.” — Thomas Sowell

“The secret to life is so simple. You don’t have a lot of envy, you don’t have a lot of resentment, you stay cheerful despite your troubles. All these are simple rules.” “And I was 7 years old when I figured this out.” - Charlie Munger. 2019

“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.” — Thomas Sowell

Think 🤔…

“If I had asked people what they wanted, they would have said faster horses” - Henry Ford

Exactly

Margaret Thatcher: “Socialists don’t like people to do things for themselves. Socialists like to get people to be dependent on the state. You will never build a great society that way.”

“If a private enterprise is a failure, it closes down—unless it can get a government subsidy to keep it going. If a government enterprise fails, it is expanded.” — Milton Friedman