If you bound the arms and legs of gold-medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool and he sank, you wouldn't call it a ‘failure of swimming'. So, when markets have been weighted down by inept and excessive regulation, why call this a ‘failure of capitalism'?- George Mason University professor Peter Boettke, as quoted by Eamonn Butler in the London Times
Happy Independence Day!
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*Editor's Note: I will be taking tomorrow off from blogging for the
holiday.*
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I highly recommend taking about 15 minutes to read (or reread) Ayn Rand's...
13 hours ago
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