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Richard Ebeling

Richard Ebeling Biography

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“Capitalism in the 19th century did not doom the worker to a life of perpetual poverty. Instead, they kept creating new and better-paying employments as the decades went by. They produced the wealth and rising income that resulted in the emergence of a phenomenon completely new to human history: a self-supporting and educated middle class that grew more and more as they lower classes bettered their economic well-being.”

HumansWellsSelfWealthClassPovertyEconomicMiddleCenturyGrewCreatingCapitalismWorkersDecadesIncomeEducatedEmploymentWell BeingRisingMiddle ClassPhenomenonPerpetualHuman HistoryDoom19th CenturyEmergenceLower Class
Author:Richard Ebeling
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“Socialism's failure in the former Soviet Union and in the other socialist countries stands as a clean and unquestionable warning as to which path any rational and sane people should never follow again. Government planning brought poverty and ruin...Unfortunately, America is not absorbing the lessons that should be learned from the socialist experience and, instead, is following the same path of destruction.”

PeopleShouldCountryGovernmentAmericaPovertyPathLessonsDestructionUnionsCleanFollowingPlanningSocialismRationalRuinsFormerWarningSovietSaneSocialistSoviet UnionAbsorbingSocialist Countries
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“Liberals say they are for civil liberties and personal freedom, but they continue to advocate government regulation of business, redistribution of wealth, and various forms of social engineering to manipulate human relationships and attitudes.”

HumansGovernmentFormSocialWealthAttitudeLibertyVariousEngineeringRegulationManipulateHuman RelationsCivil LibertiesHuman RelationshipsPersonal FreedomGovernment RegulationSocial EngineeringRedistribution Of Wealth
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“Through private investment capitalism kept raising the productivity of labor to new heights. Parents were able to earn enough so their offspring did not have to join the work force at an early age. This produced something unique in history: Childhood, a time when the young could experience the innocence of play and opportunity of schooling before entering the world of work.”

WorldEnoughPlayAgeAbleYoungOpportunityForceParentChildhoodUniqueCapitalismLaborInvestmentProductivityInnocenceHeightEnteringSchoolingOffspring
Author:Richard Ebeling
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