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“Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.”
― Knowledge and Decisions
― Knowledge and Decisions
“Socialism is a wonderful idea. It is only as a reality that it has been disastrous. Among people of every race, color, and creed, all around the world, socialism has led to hunger in countries that used to have surplus food to export.... Nevertheless, for many of those who deal primarily in ideas, socialism remains an attractive idea -- in fact, seductive. Its every failure is explained away as due to the inadequacies of particular leaders. ”
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“Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.”
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“Racism does not have a good track record. It's been tried out for a long time and you'd think by now we'd want to put an end to it instead of putting it under new management.
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“The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.”
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