“If you tax too high, the revenue will yield nothing.”
Ralph Waldo Emerson
Compensation (Primary source)
Emerson explores the law of compensation, suggesting that every action (cause) has a corresponding reaction (effect), meaning that there is no free lunch, but we get what we give.
“A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines.”
— Ralph Waldo Emerson Primary source“The years teach much which the days never know.”
— Ralph Waldo Emerson Primary source“Trust thyself: every heart vibrates to that iron string.”
— Ralph Waldo Emerson Primary source“The law of nature is, do the thing, and you shall have the power: but they who do not the thing have not the power.”
— Ralph Waldo Emerson Primary sourceMore quotes by Ralph Waldo Emerson →
“Nothing great was ever achieved without enthusiasm.”
— Ralph Waldo Emerson Primary source“Nothing is at last sacred but the integrity of your own mind.”
— Ralph Waldo Emerson Primary source“With consistency a great soul has simply nothing to do.”
— Ralph Waldo Emerson Primary source“Nothing so popular as goodness.”
— Benjamin Franklin Primary sourceTax Economics Cause and Effect