“The founders understood that democracy would inevitably evolve into a system of legalized plunder unless the plundered were given numerous escape routes and constitutional protections such as the separation of powers, the Bill of Rights, election of senators by state legislators, the electoral college, no income taxation, most governmental functions performed at the state and local levels, and myriad other constitutional limitations on the powers of the central government.”
Quote by Thomas DiLorenzo
Author
Thomas DiLorenzo
Thomas DiLorenzo, born on August 8, 1954, is an American economist, historian, and author. He is known for his extensive research in the fields of economics and history, particularly in the history of American economics and free-market theory. more