There are some who maintain that trade will regulate itself, and it is not to be benefited by the encouragements or restraints of government. Such persons will imagine that there is no need of a common directing power. This is one of those wild speculative paradoxes, which have grown into credit among us, contrary to the uniform practice and sense of the most enlightened nations.
Interpretation
Hamilton critiques the idea that trade can self-regulate without government intervention.
In this quote, Alexander Hamilton argues against the belief that trade can function effectively on its own without guidance or rules imposed by government. He refers to this notion as a 'wild speculative paradox,' highlighting that most enlightened nations recognize the necessity of a regulatory framework to ensure fair and efficient markets.
In practice
Quoting Hamilton during a debate on economic policy to emphasize the role of government.
When men, engaged in unjustifiable pursuits, are aware that obstructions may come from a quarter which bare apprehension of opposition from doing what they would with eagerness rush into if no such external impediments were to be feared.
The tendency of a national bank is to increase public and private credit. The former gives power to the state, for the protection of its rights and interests: and the latter facilitates and extends the operations of commerce among individuals. Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.
It's not tyranny we desire; it's a just, limited, federal government.
The Achaeans soon experienced, as often happens, that a victorious and powerful ally is but another name for a master.
The people are turbulent and changing; they seldom judge right or make good decision.
The true principle of a republic is that the people should choose whom they please to govern them. Representation is imperfect, in proportion as the current of popular favor is checked. The great source of free government, popular election, should be perfectly pure, and the most unbounded liberty allowed.
Am I a pessimist? Not at all. I am convinced that the history of the human race, no matter how tragic, will ultimately lead to the Kingdom of God. I am convinced that all the works of humankind will be reintegrated in the work of God, and that each of us, no matter how sinful, will ultimately be saved.
I have said that Texas is a state of mind, but I think it is more than that. It is a mystique closely approximating a religion.
Perhaps it is even a good idea to stir up a rivalry between conceptual and imaginative activity. In any case, one will encounter nothing but disappointments if he intends to make them cooperate. The image can not provide matter for a concept. By giving stability to the image, the concept would stifle its life.
Looking at these stars suddenly dwarfed my own troubles and all the gravities of terrestrial life.
Because I'm a woman writing about women who do bad things, that's somehow very 'other.' When men write that, it's called a novel. It's just a book.
The only education in grief that any of us ever gets is a crash course. Until Caroline had died I had belonged to that other world, the place of innocence, and linear expectations, where I thught grief was a simple, wrenching realm of sadness and longing that graduallu receded. What that definition left out was the body blow that loss inflicts, as well as the temporary madness, and a range of less straightforward emotions shocking in their intensity.
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