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Quote by Leonard Read

“What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.”

Quote by Leonard Read

Book:The freedom philosophy

Work

The freedom philosophy

This book delves into the philosophical, political, and social aspects of freedom, examining its significance across different cultures and historical periods. It explores the concepts of liberty, autonomy, and individual rights, and their implications in contemporary society. more

Author

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

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“Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down with it, politicians have now moved on into micro-managing automobile companies and medical care. They are not going to stop unless they get stopped. And that is not going to happen until the voters recognize the fact that political rhetoric is no substitute for competence.”

“The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it.”

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Author:Peter Schiff

“Fortunes cannot grow; someone has to increase them.”

Grows Increase Fortune

Book:Socialism - An Economic and Sociological Analysis: The Economist

Source: Socialism - An Economic and Sociological Analysis: The Economist

“Liberals have been driven to the desperate expedient of attributing . . .social pathology in today's ghettos to 'a legacy of slavery' even though black children grew up with two parents more often under slavery than today.”

Children Has Beens Two Today Social Parent Black Grew Grew Up Slavery Driven Legacy Desperate Ghetto Pathology

Author:Thomas Sowell

“When government taxes and regulates, what is seen are the visible effects of government contracts, grants, and subsidies. What is not seen are all of the property, business, and jobs that would have been created if citizens were left with the right to choose.”

Ifs Has Beens Government Jobs Left Effects Citizens Taxes Property Visible Grants Contracts Subsidies

Book:The Chairman's Corner: Essays on Liberty from the Sovereign Individual

Source: The Chairman's Corner: Essays on Liberty from the Sovereign Individual

“Justice demands that the good and hard-working be rewarded and the evil and the lazy be punished (if only by the withholding of the rewards of doing the right things). Modern Liberalism demands that the good and hardworking be punished as the recipients of an unfair advantage and the evil and the lazy be rewarded, their acts of evil and their failure all the proof the Modern Liberal needs that somehow they have been victimized by forces out of their control.”

“Welfare policies never attain those - allegedly beneficial - ends which the government and the self-styled progressives who advocated them wanted to attain, but - on the contrary - bring about a state of affairs which - from the very point of view of the government and its supporters - is even more unsatisfactory than the previous state of affairs they wanted to 'improve.'”

Ends Self States Government Wanted Views Policy Affair Point Of View Contrary Welfare Supporter Beneficial

Book:Economic freedom and interventionism: an anthology of articles and essays

Source: Economic freedom and interventionism: an anthology of articles and essays

“Whether as a radical student, a community organizer or a far left politician, Barack Obama's ideology has been based on a vision of the Haves versus the Have Nots. . .Obama's ideology is an ideology of envy, resentment, and payback.”

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Author:Thomas Sowell

“The welfare state has done to Black Americans what slavery (and Jim Crow and racism) could not have done. . .break up the black family. Today, just slightly over 30 percent of black kids live in two-parent families. Historically, from the 1870s on. . . 75-90 percent of black kids lived in two-parent families.”

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Author:John Stossel

“Punishing enemies and rewarding friends - politics Chicago style - seems to be the unifying principle that helps explain the Obamacare waivers, the NLRB action against Boeing and IRS's gift tax assault on 501(c)(4) donors. They look like examples of crony capitalism, bailout favoritism and gangster government. One thing they don't look like is the rule of law.”