Anne Robert Jacques Turgot Quotes
Not only there does not exist, nor can exist, any other revenue than the clear produce of land, but it is the earth also that has furnished all capitals, that form the mass of all the advances of culture and commerce.
While Turgot was right about so much, this was one of his big errors—the assumption that land was fundamental to and necessary for, wealth. In many countries it is still true, but of the recent billionaires like Warren Buffet, Bill Gates, Carlos Slim and most others, they own very little land. In the United States and Canada, there are large tracts of land that few or no one will buy and a cast majority of people do not make their living from land.
Anne Robert Jacques Turgot, 1727-1781, French Finance Minister, Statesman & Economist, Reflections on the Formation and Distribution of Wealth, 1766
Sourced by: Eigen's Political and Historical Quotations
Use included renting it. What he opposed was simply holding land when whites were driving Indians off their lands because all the unused land outside of the reservation was owned by someone and the asking price was very high. Ingersoll was considered to be the greatest orator and political thinker of his day, but his overt atheistic views curtailed his elected political career.
Paine, one of America’s founding fathers and the man most responsible for influencing Americans to revolt, is generally not given much attention in modern times. One of the main reasons was that his philosophy regarding land and land ownership is today considered socialist if not communist. Paine’s other views are mostly Apple pie American, but this is shocking to many Americans.
inefficient crop yields per acre
Earlier, treaties had been negotiated whereby whites purchased certain Indian lands. Tecumseh and others had objected not only to the concept of land sale, but to those who had sold the lands {612650}.
This philosophical point of view is at odds with that of many Native Americans.
After Nixon was elected, he never did very much to make Black Capitalism come to pass, but he did make the concept a more respectable idea and it has grown slowly since.
Anne Robert Jacques Turgot, Baron de l'Aulne, commonly known as Turgot, was a French economist and statesman. Originally considered a physiocrat, he is today best remembered as an early advocate for economic liberalism. He is thought to be the first economist to have recognized the law of diminishing marginal returns in agriculture.
