THE VOICE OF REASON
Solon, (born c. 630 BCE—died c. 560 BCE), Athenian statesman, known as one of the Seven Wise Men of Greece (the others were Chilon of Sparta, Thales of Miletus, Bias of Priene, Cleobulus of Lindos, Pittacus of Mytilene, and Periander of Corinth). Solon ended exclusive aristocratic control of the government, substituted a system of control by the wealthy, and introduced a new and more humane law code. He was also a noted poet.
Monday, 3 January 2011
The purpose of this dismal science called Economics
The purpose of economics is not to distribute wealth - an egregious socialist fallacy.
The purpose of economics is to analyse how wealth is created and lost.
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