Wealth comes from the production and exchange of goods and services. If someone efficiently produces a good that many people willingly trade their money for, he becomes wealthy.
Sheldon RichmanFreedom is never more in peril than when politicians feel the pressure to 'do something.'
Sheldon RichmanAmericans live under the delusion that enterprise here is both private and free. It may be nominally private, but it's anything but free. Unfortunately, most people don't know what freedom is. So they are unfazed when they hear that before you can do anything of a commercial nature, you need government permission.
Sheldon RichmanNo matter how much the government controls the economic system, any problem will be blamed on whatever small zone of freedom that remains.
Sheldon RichmanWhen government 'creates jobs' by taking money from the private sector and 'investing' in favored projects, it is not truly productive activity. Rather, the government has preempted the economic process, forbidding it to serve consumers so that it can instead serve the objectives of politicians and bureaucrats.
Sheldon Richman