The British system denied any role for human creativity, and instead argued, that if man merely followed his hedonistic desires, pursuing pleasure and avoiding pain, objective laws would naturally guide society to achieve the best allocation of wealth.
More Quotes from Robert Trout:
Although the Chinese had used opium as a medicine, there was no widespread addiction before the British arrived.Robert Trout
Confucianism strongly condemned the use of drugs like opium.
Robert Trout
The British seizure of Hongkong was an aspect of one of the most ugly crimes of the British Empire: the takeover and destruction of India, and the use of India to flood China with opium.
Robert Trout
The East India Company established a monopoly over the production of opium, shortly after taking over Bengal.
Robert Trout
The American Revolution was, in fact, a battle against the philosophy of Locke and the English utilitarians.
Robert Trout
Were you to read the British press today, you would learn that the British Empire never forgets its defeats.
Robert Trout
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Based on Topics: Creativity & Innovation Quotes, Law & Regulation Quotes, Money & Wealth Quotes, Pain QuotesBased on Keywords: allocation, hedonistic
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