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July 22, 2009
Wisdom from
I picked up my son from his day camp this afternoon and was driving home through a neighborhood that has a vacant lot where a factory (a textile mill probably) used to stand. He asked why the lot was vacant and I told him that a factory used to stand there but had been razed in the last few years. He then asked why there wasn't some sort of marker or sign indicating that a factory used to be there. I told him that people don't usually put up markers of that sort and that I had never seen one. His response--"but dad factories do a lot of good for people"--was spot on. A moment of reflection made me think he's on to something--puttinig up markers for factories would be a better indication of people who improved the lives of their fellow men than the statues of and monuments to politicians. *He wants me to stop using Pee Wee as a pseudonym for him. Posted by E. Frank Stephenson at 07:22 PM
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The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith
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