{"id":31731,"date":"2017-01-27T01:00:01","date_gmt":"2017-01-27T06:00:01","guid":{"rendered":"http:\/\/quotulatiousness.ca\/blog\/?p=31731"},"modified":"2017-01-18T21:26:20","modified_gmt":"2017-01-19T02:26:20","slug":"qotd-greed","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2017\/01\/27\/qotd-greed\/","title":{"rendered":"QotD: Greed"},"content":{"rendered":"<blockquote><p>Well first of all, tell me: Is there some society you know that doesn\u2019t run on greed? You think Russia doesn\u2019t run on greed? You think China doesn\u2019t run on greed? What is greed? Of course, none of us are greedy, it\u2019s only the other fellow who\u2019s greedy. The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didn\u2019t construct his theory under order from a bureaucrat. Henry Ford didn\u2019t revolutionize the automobile industry that way. In the only cases in which the masses have escaped from the kind of grinding poverty you\u2019re talking about, the only cases in recorded history, are where they have had capitalism and largely free trade. If you want to know where the masses are worse off, worst off, it\u2019s exactly in the kinds of societies that depart from that. So that the record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system.<\/p>\n<p><a href=\"http:\/\/www.aei.org\/publication\/ten-classic-milton-friedman-quotes\/\" target=\"_blank\">Milton Friedman<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Well first of all, tell me: Is there some society you know that doesn\u2019t run on greed? You think Russia doesn\u2019t run on greed? You think China doesn\u2019t run on greed? What is greed? Of course, none of us are greedy, it\u2019s only the other fellow who\u2019s greedy. The world runs on individuals pursuing their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,10,53,41],"tags":[320,817],"class_list":["post-31731","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","category-politics","category-quotations","tag-freetrade","tag-laissez-faire"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-8fN","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/31731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=31731"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/31731\/revisions"}],"predecessor-version":[{"id":31732,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/31731\/revisions\/31732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=31731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=31731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=31731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}