INSIGHTS FROM MORALNOMICS: The Moral Path to Prosperity

 

“Universal morality is not about being perfect. It’s about trying to be  better persons—better parents, children, teachers, students, managers, employees, sellers, buyers, friends, and citizens—by increasing our individual capacity for making other persons’ lives better. And the better we succeed in pleasing others, the greater the rewards we can earn from them. This is the ultimate win-win proposition.” Page 6.

 

“[D]uring economic downturns, when we most need to stimulate the economy by rewarding private-sector investment, effort, and excellence, we do the opposite, through steeper tax rates to ‘sock it’ to the rich. And we suffer all the more for it. Our jealousy is a gun with which we shoot ourselves in our own economy’s foot.” Page 240.

 

“Prettier people do not make us plain. Faster people do not make us slow. And while economic freedom allows some people to get rich, their success does not make us poor. Instead of resenting others, we should focus on improving ourselves to improve our situations.” Page 240.

 

“As individuals rise out of poverty through better education, better values, and greater drive to be of value to others, they will cease to be drains on society and instead become productive assets who take pride in earning their rewards and then pass that pride on to their children.” Page 356.

 

“The outlandish overspending by government at all levels, its failure to impart universal moral values in public education, and its ever-increasing interference in our economic freedom are not just irresponsible, but immoral.” Page 251.

 

“The failure of redistributive and top-down government policies to bring about meaningful and sustained economic growth has led to an alarming global decrease in job opportunities, especially for young adults.” Page 137.

 

“In the long run, this growth in entitlement mentality will do the poor no favor. It will leave them all the more certain that they have no real hope for bettering themselves except through bigger government handouts at the taxpayers’ expense.” Page 351.

 

“Our children simply do not understand that a Land of Free People and a Land of Free Things cannot be the same place.” Page 15.

 

“It’s really no surprise that the Soviet Union ultimately went out of business.  The bigger surprise is that so few Americans understand why.” Page 204.

 

“We need a ‘reset,’ all right—not in America’s relationship with foreign top-down governments such as Russia, but in our relationship as citizens with our own government.” Page 361.

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