Any economic proposition which can not be stated in ethical terms is false. Nothing can be in the long run or on a large scale sound economics which … - Edward Bellamy
" "Any economic proposition which can not be stated in ethical terms is false. Nothing can be in the long run or on a large scale sound economics which is not sound ethics. It is not, therefore, a mere coincidence, but a logical necessity, that the supreme word of both ethics and economics should be one and the same--equality. The golden rule in its social application is as truly the secret of plenty as of peace.
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About Edward Bellamy
Edward Bellamy (March 26, 1850 – May 22, 1898) was an American author and socialist, most famous for his utopian novel, Looking Backward, a tale set in the distant future of the year 2000. Bellamy's vision of a harmonious future world inspired the formation of at least 165 "Nationalist Clubs" dedicated to the propagation of Bellamy's political ideas and working to make them a practical reality.
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The actual expense of your colleges appears to have been very low, and would have been far lower if their patronage had been greater. The higher education nowadays is as cheap as the lower, as all grades of teachers, like all other workers, receive the same support. We have simply added to the common school system of compulsory education, in vogue in Massachusetts a hundred years ago, a half dozen higher grades, carrying the youth to the age of twenty-one and giving him what you used to call the education of a gentleman, instead of turning him loose at fourteen or fifteen with no mental equipment beyond reading, writing, and the multiplication table.
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