Quote by Arthur C. Brooks

We will have bigger bureaucracies, bigger labor unions, and bigger state-run corporations. It will be harder to be an entrepreneur because of punitive taxes and regulations. The rewards of success will be expropriated for the sake of attaining greater income equality.

We will have bigger bureaucracies, bigger labor unions, and

Summary

This quote suggests that in the future, there will be a tendency towards larger bureaucratic systems, stronger labor unions, and increased influence of state-run corporations. The implication is that such developments will make it more challenging for individuals to start and run their own businesses due to high taxes and strict regulations. Furthermore, it suggests that successful individuals may face higher levels of wealth redistribution in the pursuit of achieving greater income equality. Overall, the quote hints at a potential shift towards a more regulated and redistributive economic environment.

Topics

By Arthur C. Brooks

Liked the quote? Share it with your friends.

Random Quotations

Kashmiri people are fighting the war for freedom. And India

Kashmiri people are fighting the war for freedom. And India cannot stop this freedom movement through atrocities, as Kashmir dispute is a problem of humanity, human rights, and freedom.

Things were bad but now they are OK.

Things were bad but now they are OK.

Harold J. Seymore

I think the themes in my songs are very similar from the fir

I think the themes in my songs are very similar from the first album to the newest one. It's all about the human condition and how we are all trying to learn to live with each other and survive love and life.

First he wrought, and afterward he taught.

First he wrought, and afterward he taught.

Talent works, genius creates.

Talent works, genius creates.

Robert Alexander Schumann

Science moves with the spirit of an adventure characterized

Science moves with the spirit of an adventure characterized both by youthful arrogance and by the belief that the truth, once found, would be simple as well as pretty.

James D. Watson

Knowledge conquered by labor becomes a possession - a proper

Knowledge conquered by labor becomes a possession - a property entirely our own.

O can't you see, brother -- Death's a congested road for fig

O can't you see, brother -- Death's a congested road for fighters now, and hero a cheap label.

Men in general judge more by the sense of sight than by the

Men in general judge more by the sense of sight than by the sense of touch, because everyone can see, but only a few can test by feeling. Everyone sees what you seem to be, few know what you really are, and those few do not dare take a stand against the general opinion.

Niccolo Machiavelli

Judgment Judging

The institution of a public library, containing books on edu

The institution of a public library, containing books on education, would be well adapted for the information of teachers, many of whom are not able to purchase expensive publications on those subjects.

Joseph Lancaster

I do not think that what is called Love at first sight is so

I do not think that what is called Love at first sight is so great an absurdity as it is sometimes imagined to be. We generally make up our minds beforehand to the sort of person we should like, grave or gay, black, brown, or fair; with golden tresses or raven locks; -- and when we meet with a complete example of the qualities we admire, the bargain is soon struck.

William Hazlitt

Don't be confused that my interest in religion, faith, and s

Don't be confused that my interest in religion, faith, and spirituality is driven by any sense of faith or spirituality of my own.