Quote 21: Winston Churchill on the equity-efficiency tradeoff
The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery.
— Winston Churchill.
So, really, it’s all about value judgments.
A very good quote, although my favorite Churchill quote would have to be
“Bessie Braddock: Sir, you are drunk.
Churchill: And you, madam, are ugly. But in the morning, I shall be sober.”
Spot on, thanks – value judgements are important, but it’s critical that they not be treated as absolutes.
L
I like Matt’s one the most too, however this one is also a stunner:)
Winnie sure did have a way with words: I’d wouldn’t mind coming up with just one line that snappy in my lifetime!
Very useful information . Thanks for sharing.