Quotessence
Home / Quotes / Quote by Leonard Read

Quote by Leonard Read

“We need only take our heads out of the sand to see clearly that interventionism not only has failed to provide the promised something-for-nothing, but has led to all sorts of undesirable consequences. Indeed, many are just beginning to realize that we are moving towards disaster even though we have been on a wrong heading for decades.”

Quote by Leonard Read

Create image

Author

Leonard Read
Leonard Read

Leonard Read was an influential economist, writer, and thinker who made significant contributions to the theory of free-market economics. His work 'I, Pencil' had a profound impact on the understanding of free-market principles in the mid-20th century. more

You May Also Like

“Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?”

KnowsYearsLastsRealizingResultsStandardsHundredGoldProsperityImprovementVotersSteadyUnprecedentedStandards Of LivingQuotaJeopardizeAmerican Voters
Book:Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses
Create image

“All of the government's monetary, economic and political power, as well as its extensive propaganda machinery, will be enlisted in a constant battle to drive down the price of gold - but in the absence of any fundamental change in the nation's monetary, fiscal, and economic direction, simply regard any major retreat in the price of gold as an unexpected buying opportunity.”

WellsGovernmentPoliticalOpportunityNationsEconomicBattleMajorsGoldRegardFundamentalsConstantAbsencePropagandaBuyingUnexpectedRetreatMachineryMonetaryPolitical PowerEnlistedBuying Gold
Author:Irwin Schiff
Create image