Quotessence
Home / Quotes / Quote by Llewellyn Rockwell

Quote by Llewellyn Rockwell

“Socialized medicine must fail for the same reasons all socialism must fail: it offers no system for rationally allocating resources, and instead promotes the overutilization of all resources, ending in bankruptcy.”

Quote by Llewellyn Rockwell

Author

Llewellyn Rockwell
Llewellyn Rockwell

Llewellyn Rockwell, born on July 1, 1944, is a renowned author known for his work in the fields of libertarianism and classical liberalism, which has had a profound impact on contemporary politics and society. more

You May Also Like

“When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of those who have been promised the benefits, without getting grief from the taxpayers. It's strictly win-win as far as the welfare-state politicians are concerned. But it is strictly lose-lose, big-time, for the country, as deficits skyrocket.”

“Free trade has been proven, time and again, as a reliable path to economic development. It pushes the public and private sectors alike toward greater accountability and transparency. It lifts people out of poverty, and while it can force unsettling changes on a society, those changes prove to be worthwhile in a very short time.”

“Socialist countries throughout the world love to lower retirement ages to make people prematurely dependent on the government. But we should move in the opposite direction. In the long run, indexing retirement to life expectancy will yield enormous revenues to the system, far more than a one-shot increase in the age in the current legislative cycle.”

“If the Democrats have their way, African Americans will continue to feel oppressed, despised and handicapped into the indefinite future. All progress will be downplayed and every setback amplified. In this way, Democrats can continue to rely on lopsided black support at the polls.”

“The big divide in this country is not between Democrats and Republicans, or women and men, but between talkers and doers. Think about the things that have improved our lives the most over the past century - medical advances, the transportation revolution, huge increases in consumer goods, dramatic improvements in housing, the computer. The people who created these things - the doers - are not popular heroes. Our heroes are the talkers who complain about the doers.”