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Quote by James Cook

“Social welfare is the most corrosive behavioral force ever unleashed by man.”

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

“Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.”

Ifs Doe Ideas Loss Decision Results Profit Accomplish Goods Good Ideas Mistaken Entrepreneurial Begets

Book:Planning for freedom, and twelve other essays and addresses

Source: Planning for freedom, and twelve other essays and addresses

“Foreign aid breeds kleptocracies, or governments of thieves.”

Government Aids Thieves Foreign Aid

Book:The Bush Betrayal

Source: The Bush Betrayal

“The most practical information about life is sneered at by social planners.”

Life Is Social Information Practicals Planners

Author:James Cook

“When capitalists are thwarted, deflected, or dispossessed, the generals and politicians,... and socialist intellectuals, are always amazed at how quickly the great physical means of production - the contested tokens of wealth and resources of nature - dissolve into so much scrap, ruined concrete, snarled wire, and wilderness.”