It's not as if socialism is a new idea. It was tried in the 20th century. It produced … - Llewellyn Rockwell

Same topic Authors

Quote of the day

I opine-I think you're a woman of your world,' he said from the far end of the couch. 'I would have a hard time seeing you pressed and powdered, dreading a life of servitude under the name of marriage. You'd die in that mold. I like you as you are, fiery and ill tempered.

Llewellyn Rockwell

It's not as if socialism is a new idea. It was tried in the 20th century. It produced economic stagnation and despair. In its purest form, it extinguished more than one hundred million people.

Century, Despair, Economic, Hundred, Ideas, People

Same Author Quotes

Profit is a signal that valuable services are being rendered to people on a voluntary basis.

Basis, Libertarian, Liberty, People, Rendered

Subsidies create more of whatever is being subsidized.

Create, Libertarian, Liberty, Subsidies, Subsidized

To centralize power in the name of freedom is akin to putting a crime syndicate in charge of rooting out corruption. It is the normal state of politics that the more centralized it is, the more damage it does. Fast-track authority [for government-to-government trade agreements] centralizes power and is therefore part of the problem.

Government, Agreement, Names, Agreements, State, Crime

Libertarianism is a theory of politics that is so compelling that once you have absorbed it, it becomes the lens through which you end up understanding all economic and political events.

Political, Understanding, Events, Economic, Politics

In education, it is said that the state must impose schooling on all children, else the parents and communities will neglect it. Only the state can make sure that no child is left behind. The only question is the means: will we use the union and bureaucracies favored by the left, or the market incentives and vouchers favored by the right. I don't want to get into a debate about which means is better, but only to draw attention to the reality that these are both forms of planning that compromise the freedom of families to manage their own affairs.

Children, Incentives, Mean, Neglect, Reality, State