Yesterday I passed over a short stretch of new road built by State power, applied through one of the grotesque alphabetical tentacles of our bureaucracy. It cost $87,348.56. Social power, represented by a contractor's figure in competitive bidding, would have built it for $38,668.20, a difference, roughly, of one hundred per cent!
Albert Jay Nock, Our Enemy, the State (New York: William Morrow & Company, 1935) 53, n. 13; digital edition here (courtesy of the Mises Institute).
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