All Posts Tagged With: "giving back"

Giving Back

It’s not “society” that makes rich people rich; it’s you and I — and in return we have a cornucopia of stuff that has made our lives better, easier, safer, and longer.

11Aug2011 | Steven Horwitz | 30 comments | Continued

Are Profits Fit Only for Serfs and Slaves?

In their recent book, From Poverty to Prosperity, Arnold Kling and Nick Schulz relate that ancient Romans believed it honorable to gain wealth through battle and conquest, but dishonorable to profit by engaging in commerce. Such work was considered so demeaning that it was left to the children of freed slaves. Because of the associated [...]

29Jun2010 | Richard W. Fulmer | 6 comments | Continued

Give Up on “Giving Back”

I usually cringe when I hear someone who got rich from business say he feels an obligation to “give back to society.”

8Jun2010 | Sandy Ikeda | 8 comments | Continued

Who Owes What to Whom?

Note: This column first appeared in the February 2002 issue of The Freeman. For a society that has fed, clothed, housed, cared for, informed, entertained, and otherwise enriched more people at higher levels than any in the history of the planet, there sure is a lot of groundless guilt in America. Manifestations of that guilt [...]

24Apr2009 | Lawrence W. Reed | 8 comments | Continued

Who Owes What to Whom?

For a society that has fed, clothed, housed, cared for, informed, entertained, and otherwise enriched more people at higher levels than any in the history of the planet, there sure is a lot of groundless guilt in America. Manifestations of that guilt abound. The example that peeves me the most is the one we often [...]

1Feb2002 | Lawrence W. Reed | 2 comments | Continued

On Giving Back

To celebrate the centennial of its founding, the big accounting firm KPMG Peat Marwick made September 22, 1997, “KPMG World of Spirit Day.” The firm’s 130 offices were closed that day so that, as the letter announcing this event stated, “over 20,000 KPMG partners and employees will spend the day serving our local communities.” The [...]

1Mar1998 | George C. Leef | 1 comment | Continued
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