Thursday, June 27, 2013

Liberty Quotes

"To create conditions in which competition will be as effective as possible, to
prevent fraud and deception, to break up monopolies— these tasks provide a wide
and unquestioned field for state activity."
-- Friedrich August von Hayek
(1899-1992), Nobel Laureate of Economic Sciences 1974
Source: The Road to Serfdom
http://quotes.liberty-tree.ca/quote_blog/Friedrich.August.von.Hayek.Quote.E110


"Suum cuique"
[To each his own, to each according to his merits.]
-- Latin Proverb
http://quotes.liberty-tree.ca/quote_blog/Latin.Proverb.Quote.33B8


"[Trade licensing] almost inevitably becomes a tool in the hands of a special producer group to maintain a monopoly position at the expense of the rest of the public. There is no way to avoid this result."
-- Milton Friedman
(1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system"
http://quotes.liberty-tree.ca/quote_blog/Milton.Friedman.Quote.9BB8


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