“People vastly overestimate the ability of central planners to improve on the independent action of diverse individuals. What I've learned watching regulators is that they almost always make things worse. If regulators did nothing, the self-correcting mechanisms of the market would mitigate most problems with more finesse. And less cost.”
Quote by John Stossel
Author
John Stossel
John Stossel, born on March 6, 1947, is an American journalist known for his distinctive interviewing style and advocacy of free markets. more
You May Also Like
Source: The Works of Robert G. Ingersoll
“Government holds a legal monopoly on the use of physical force.”
Source: The Ayn Rand Lexicon: Objectivism from A to Z
Source: The Theory of Money and Credit
Source: The Journals of Captain John Smith: A Jamestown Biography
“But our comedies never endured long without a tragedy.”
Source: The Journals of Captain John Smith: A Jamestown Biography
Source: The Journals of Captain John Smith: A Jamestown Biography
“Loneliness is an aspect of the land.”
Source: The Way to Rainy Mountain