Tag: Arthur Humphreys

A Nation Cannot Tax Itself into Prosperity…

A Nation Cannot Tax Itself into Prosperity…

“I con­tend that for  a nation to try to tax itself into pros­per­i­ty is like a man stand­ing in a buck­et and try­ing to lift him­self up by the han­dle.” Did Churchill say this? Can’t find it in your bible. Hope he did! —A.R., New York City

 The first words were “We con­tend…” but indeed he did—and he liked that “buck­et” crack so much that he used it five times. The first two appear­ances are in Robert Rhodes James, ed., Win­ston S. Churchill: His Com­plete Speech­es 1897-1963 (New York, Bowk­er, 1974, 8 vols.)…

It is the the­o­ry of the Pro­tec­tion­ist that imports are an evil.…

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