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Wealth is not a pizza – “On the Wealth of Nations”, P.J. O’Rourke

May 12th, 2012 · No Comments · Progressive Politics, Quotes

Economic progress depends upon a trinity of individual prerogatives: pursuit of self-interest, division of labor, and freedom of trade….

Smith’s logical demonstration of how productivity is increased through self-interest, division of labor , and trade disproved the thesis (still dearly held by leftists and everyone’s little brother) that bettering the condition of one person necessarily worsens the condition of another. Wealth is not a pizza. If I have too many slices, you don’t have to eat the dominos box.

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