Bonus Quotation of the Day…
()
… is this Facebook comment by Richard Fulmer in response to my posting yesterday on Facebook a link to a Cafe Hayek entry on the meaning of “production”:
If consumption is immoral, then production – which makes consumption possible – must also be immoral. One who aids and abets a crime is as guilty as the perpetrator.
DBx: Mr. Fulmer’s excellent point applies no less forcefully to the arguments of those who insist that, although consumption isn’t immoral, it’s also, when done above a certain level, not honorable and, hence, is to be discouraged.
Adam Smith was correct to observe in 1776 that
Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer.
Alas, Smith’s very next line, unfortunately, is incorrect:
The maxim is so perfectly self-evident that it would be absurd to attempt to prove it. But in the mercantile system the interest of the consumer is almost constantly sacrificed to that of the producer; and it seems to consider production, and not consumption, as the ultimate end and object of all industry and commerce.
To too many people this reality about consumption and production is missed; this maxim is not at all self-evident (although it should be).
Too many people, when they encounter the terms “consumption” and “production,” don’t bother to think seriously about the meaning of these terms and about the connection in reality between consumption and production. Too many people – many of whom wish to advertise their moral elevation – leap to denounce consumption and to praise production as if the former is of questionable moral value, and also as if consumption and production are nothing but simple substitutes for each other, with consumption being a negative and production being a positive.
]]>
Source: https://cafehayek.com/2022/09/bonus-quotation-of-the-day-819.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,707,631,597 |
| Stories: | 8,448,172 |
Whistler Blowers, Insiders
