Thursday, September 12, 2013

the 99% in NY in 1765

"Is it equitable that 99, rather 999, should suffer for the Extravagance or Grandeur of one, especially when it is considered that Men frequently owe their wealth to the impoverishment of their Neighbors?" 

-- From a letter to the editor of the New–York Gazette, cited in The Simple Life, Plain Living and High Thinking in American Culture, David E. Shi, 1985/2007, p. 53.
   
See full text: http://libertystreeteconomics.typepad.com/.a/6a01348793456c970c0167644d814f970b-popup
from http://libertystreeteconomics.newyorkfed.org/2012/04/historical-echoes-we-are-the-99-percent-1765-edition.html
 

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