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Quote by James Cook

“The only time you can have maximum economic progress is when social programs don't exist.”

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James Cook, a renowned British explorer, was born on November 7, 1728, and died on February 14, 1779. He is best known for his three voyages of exploration, which greatly contributed to the knowledge of the Earth's geography, including the discovery of the east coast of Australia and detailed mapping of the Pacific Ocean. more

“Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.”

People Kind Bigs Political Pay Failing Economic Capitalism Intention Socialism All Kinds Fascism Ignored Free Market Good Intentions Political Systems Feudalism Personal Failure

Author:Thomas Sowell

“The one thing that flies in the face of all human history and experience, is that the government can do a superior job than the private sector.”

Humans Government Jobs Faces Can Do One Thing Superiors Human History Private Sector

Author:James Cook

“East Asia confirms the superior capacity of industrial capitalism in raising the material standard of living of large masses of people.”

People Materials Mass Standards Capitalism Capacity East Superiors Asia Standards Of Living East Asia

Book:The capitalist revolution: fifty propositions about prosperity, equality, and liberty

Source: The capitalist revolution: fifty propositions about prosperity, equality, and liberty

Quote by James Cook

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