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Columbus did not seek a new route to the Indies in response to a majority directive.
Milton Friedman
1 Likes
1 Comments
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And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?
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History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
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So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
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