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“.......the poor of the world cannot be made rich by redistribution of wealth. Poverty can't be eliminated by punishing people who've escaped poverty, taking their money and giving it as a reward to people who have failed to escape. Economic leveling doesn't work. Whether we call it Marxism, Progressive Reform, or Clintonomics, the result is the same slide into the stygian pit. Communists worship Satan; socialists think perdition is a good system run by bad men; and liberals want us to go to hell because it's warm there in the winter.”

“The Internet rewards scale; by trading higher up-front costs for lower marginal cost, market leaders can invest in better technology and service. As a result, there is nothing online that is both great in quality and small in scale. Amazon wasn't originally a better bookstore than the small shops we mourn, but it is now.”

“Thanksgiving is a typically American holiday. In spite of its religious form (giving thanks to God for a good harvest), its essential, secular meaning is a celebration of successful production. It is a producers’ holiday. The lavish meal is a symbol of the fact that abundant consumption is the result and reward of production. Abundance is (or was and ought to be) America’s pride-just as it is the pride of American parents that their children need never know starvation.”

“In order to settle down in the quiet of our own being we must learn to be detached from the results of our own activity. We must be content to live without watching ourselves live, to work with expecting immediate reward, to love without an instant satisfaction, and to exist without any special recognition. It is only when we are detached from ourselves that we can be at peace with ourselves.”

“Scientists used to do an experiment whereby a dog's repeated reward for performing a task was unaccountably replaced by punishment. The dog, knowing it would be penalized for doing well or doing badly, would become melancholic and inactive. This and other unforeseeable results were funded by taxing up to sixty percent of people's earnings. People became strangely melancholic and inactive”

“When people in organizations feel too secure, it's because there aren't any significant outcomes as a result of what they do. Whatever you do, nothing much different happens. This also means there are no important pay-offs if you risk by innovating. As there are no rewards for taking risks, then there's no sense of push in that institution's culture.”