Thursday, October 8, 2020

Quote of the Day: 8 October 2020

“Wherever the state undertakes to control in detail the economic activities of its citizens, wherever, that is, detailed central economic planning reigns, there ordinary citizens are in political fetters, have a low standard of living, and have little power to control their own destiny.” -Milton Friedman
“Wherever the state undertakes to control in detail the economic activities of its citizens, wherever, that is, detailed central economic planning reigns, there ordinary citizens are in political fetters, have a low standard of living, and have little power to control their own destiny.” -Milton Friedman
[Centralized control, economic or otherwise, is not only impractical, it is immoral. We must respect a man's right to choose how he lives, even if that means choices that we do not approve of.]

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