UPDATE: 1 Jan 2010. I found the “flourish commerce” phrase used by Pears Soap, certainly a more salubrious context than the one I knew it from, but this is the only image I could locate. It’s not legible, but it is there (the evidence is overwhelming; 48,000 national science associations can’t be wrong).
The inside of my grandparents’ white porcelain toilet bowl had the inscription, for the regular edification of we young boys controlling our aim: “Flourish commerce, and let the country live”, enlivened by the stirring sight of New Zealand’s and Great Britain’s crossed flags, in colour.
Written probably in about the 1940s, such frank promotion of commerce was non-controversial in the days before so-called “social welfare” had smuggled its obfuscating tenets into every area of life, until nobody knows where wealth comes from.
These days, forgetting what wealth is and how it’s made, we consider even schools and universities to be centres of production, in the same category as pig farms and steel mills, and we burden their transactions with a Goods and Services and every other sort of tax.
We failed to destroy our own productive capacity
It is fiscal misbehaviour bordering on the criminal to thus reduce funds needed for education, but nobody seems even to notice, much less to complain.
In the Christmas Eve edition of the Herald, Brian Fallow, Economics Editor, pontificates sadly over the failure at Copenhagen of developed nations to destroy their own productive capacity. Continue Reading →
Views: 410