Posts Tagged ‘economics’

What Have We Learned in 2,065 Years? (Updated)


2010
05.20

“The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.”

– Cicero, 55 BC

Evidently nothing.

(Hat tip: my dad)

UPDATE: See the comment by Grant. It seems there is some doubt around the origins of this quote. Thanks Grant! I still approve of the sentiment, and wish more modern politicians would too.