What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.
Leonard ReadA fact rarely suspected, let alone understood, is that businessmen are by no means the chief beneficiaries of the free market, private ownership, limited government way of life. Many business ventures fail entirely. Who then are the beneficiaries? The masses!
Leonard ReadThe libertarian can have no truck with 'left' or 'right' because he regrets any form of authoritarianism - the use of police force to control the creative life of man.
Leonard ReadThe proper and limited use of government is to invoke a common justice and keep the peace - and that is all.
Leonard ReadThere is no moral distinction between petty thievery and 'from each according to ability, to each according to need.'
Leonard ReadPoliticians, bureaucrats, editors, new commentators, 'economists' teachers,' and other word artists who denounce private enterprise and praise socialism are their own worst enemies...these attackers are unwittingly destroying the sources of their own livelihood. They kill the geese that lay the golden eggs - and don't know it!
Leonard Read