Term
|
Definition
-read what's worth reading
-keep learning
-inheritance is a burden
-what do we really need? |
|
|
Term
|
Definition
| -read not to contradict OR believe, but to weigh and consider. |
|
|
Term
|
Definition
| knowledge and Culture => Education |
|
|
Term
|
Definition
-nature provides necessities
-don't have more private property than you need
-causes spoilage |
|
|
Term
|
Definition
-seeking profit, GOLD
-turned the sink of a ship into positive bc helped find land
-wanted to turn the indians into Spaniards, consumer to employees |
|
|
Term
|
Definition
-push back ocean
-never satisfied
-do anything to fill needs |
|
|
Term
|
Definition
-traders are master of none
-specialization is good
-greater efficiency and community exchange
-Retailers are "weak in body, no other skills" |
|
|
Term
|
Definition
-Retailer is unnatural
-proper use makes a commodity a use-value
-exchange value is a function of units of human labor |
|
|
Term
|
Definition
-Capitalists are the creators of wealth
-government/corp executives are looters and moochers who steal wealth
-rest of us are beneficiaries of capitalism, victims of the looters and moochers |
|
|
Term
|
Definition
-Laissez Fair
-great production leads to great wealth
-production is not greater than consumption
-uneven distribution but rich should provide employment to the poor |
|
|
Term
|
Definition
-Everyone acts in their own interests
-Acting in self interest helps the economy
-Everyone must act MORALLY for that to help |
|
|
Term
|
Definition
-Production more important than consumption
-innovation
-efficiencey, smarter not harder, do what you're best at
-income > outcome, don't spend more than you have
-morals are important! |
|
|
Term
|
Definition
-men who are rich have power over others
-more than one way to exercise that power, wealth is how men treat each other
-veins of wealth, currency flow = blood flow, determines flow of the nation
-true veins are the men who create wealth |
|
|
Term
| Tawney/catholic church/doctrine |
|
Definition
-shift in economic resources threatened the stability of society
-equal within classes, unequal classes
-Greed is sin
-Trade only good if legit |
|
|
Term
|
Definition
-waste of time = deadliest sin
-everyone has a calling, pick most profitable calling
-enjoy yourself but can't cost anything
-man is the trustee of wealth |
|
|
Term
|
Definition
-accept conditions rather than fight them
-give money away while your alive, not to charity though
-man is the trustee of wealth |
|
|
