Quotessence
Home / Quotes / Quote by Raymond C. Hoiles

Quote by Raymond C. Hoiles

“Private enterprise is not as spectacular nor as easy to see as the socialist way of temporarily diffusing poverty by eating up the seed corn - the tools - which will increase poverty in the long run.”

Quote by Raymond C. Hoiles

Author

Raymond C. Hoiles

Raymond C. Hoiles was an individual of an unknown profession, born on November 24, 1878, and passed away on October 31, 1970. more

You May Also Like

“It [the free market] is an organizational way of doing things, featuring openness, which enables millions of people to cooperate and compete without demanding a preliminary clearance of pedigree, nationality, color, race, religion, or wealth. It demands only that each person abide by voluntary principles, that is, by fair play. The free market means willing exchange; it is impersonal justice in the economic sphere and excludes coercion, plunder, theft, protectionism, and other anti-free market ways by which goods and services change hands.”

“Government, not the oil industry, is the biggest 'profiteer' from oil. And it uses the tax revenue to expand its own authority at the expense of the individual, as it does with an endless number of other industries - including electric power, coal, lumber, pharmaceuticals, automobiles, aircraft, and agriculture. The Statist's intrusion to the free market is boundless.”