Most politicians are ever eager to regulate industrial and commercial activity and strike at the economic elite with confiscatory taxation. Unfortunately, regulation and taxation tend to hamper economic activity, inhibit productivity, and depress levels of living.
Hans F. SennholzModern government has become a universal transfer agency that utilizes the political process for distributing vast measures of income and wealth. It preys on millions of victims in order to allocate valuable goods and services to its beneficiaries.
Hans F. SennholzMonetary freedom (gold: sound money), like all other economic freedoms, clears the way for energy, intellect and virtue... Political control weakens individual self-reliance and energy, causes want and poverty and, in the end, breeds tyranny and oppression.
Hans F. SennholzWhen individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting.
Hans F. Sennholz