Tuesday, November 16, 2010
Quotation for the day: Garet Garrett
"The obsequies were performed by the government, which assumed at the graveside ultimate responsibility for the continued success, well-being and growth of the national economy; by the government's tax collector, who was to become insatiable, and by organized labor, whose economic power against that of the employer was increased by law, deliberately, on grounds of social policy.
"You may like it better this way. Many people do. In any case, it was not to be argued. Only this--that if Laissez Faire had not begotten the richest world that ever existed there would have been much less for the welfare state to distribute."
Garet Garrett, The Wild Wheel (New York: Pantheon Books, 1952) 220.
Readable at: http://mises.org/resources/3205/The-Wild-Wheel
Posted by Editor at 7:26 PM