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Quote by James Cook

“Our contemporary brand of socialism has one fatal flaw. It's too expensive. When you try to shower benefits on so many recipients, you eventually must resort to subterfuge. Foremost among those tricks is money and credit expansion. Inevitably, you debase your currency.”

Quote by James Cook

Author

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

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