Tuesday, January 13, 2009

Economic Rules from a century ago

  1. You cannot bring about prosperity by discouraging thrift.
  2. You cannot strengthen the weak by weakening the strong.
  3. You cannot help the poor man by destroying the rich.
  4. You cannot further the brotherhood of man by increasing class hatred.
  5. You cannot build character and courage by taking away man's initiative and independence.
  6. You cannot help small men by tearing down big men.
  7. You cannot lift the wage earner by pulling down the wage payer.
  8. You cannot keep out of trouble by spending more than your income.
  9. You cannot establish security on borrowed money.
  10. You cannot help men permanently by doing for them what they will not do for themselves

Rev. William J. H. Boetcke, 1916

The Journal, December 2008, by Summit Ministries

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