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Wealth and Poverty: A New Edition for the Twenty-First Century

Book by George Gilder · 13 quotes · Wealth, Creating, States

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Wealth and Poverty: A New Edition for the Twenty-First Century Quotes

“The rates of taxation climb and the levels of capital decline, until the only remaining wealth beyond the reach of the regime is the very protein of human flesh, and that too is finally taxed, bound, and gagged, and brought to the colossal temple of the state - a final sacrifice of carnal revenue to feed the declining elite.”

“Welfare now erodes work and family and thus keeps poor people poor. Accompanying welfare is an ideology - sustaining a whole system of federal and state bureaucracies - that also operates to destroy their faith. The ideology takes the form of false theories of discrimination and spurious claims of racism and sexism as the dominant forces in the lives of the poor.”

“Most people consider themselves above the gritty and relentless details of life that allow the creation of great wealth. They leave it to the experts. But in general you join the one percent of the one percent not by leaving it to the experts but by creating new expertise, not by knowing what the experts know but by learning what they think is beneath them.”

“A successful economy depends on the proliferation of the rich, on creating a large class of risk-taking men who are willing to shun the easy channels of a comfortable life in order to create new enterprise, win huge profits, and invest them again.”