"One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again." -- Dr. Thomas Sowell

(Save this page to disk; it won't be up forever)

How to visualize multiple vs centralized
                        economies        Frank Zappa quote on Socialism producing
                      really unhappy people

"The trouble with Socialism is that eventually you run out of other people's money." - Margaret Thatcher

"In capitalism wealth is created faster than it's consumed; in socialism it's the other way around." - Rick Gaber 

"It’s always worth noting how people who never lived under socialism adore it while everyone who lived under it hates it." - Garry Kasparov
, former Soviet citizen, Chairman of the Human Rights Foundation

“Regardless of theoretical pretensions, socialism is nothing but the application of dictatorial power” - Leonard Read

"So you want to know the best reason in the world to support capitalism?  Unlike socialism, capitalism is voluntary." -Alice Smith

"Socialism in general has a record of failure so blataThomas Sowell, PhD, Professor
                                Emeritus, Economics, Stanford University
                                and the Hoover Institutionnt that only an intellectual could ignore or evade it." - Thomas Sowell, PhD, Professor Emeritus, Economics, Stanford University and The Hoover Institution

"Around the world, nations that have been foolish enough to adopt socialist policies either collapsed or are well on their way to doing so." -IBD, HERE

"Socialism has been tried on every continent of the globe. In light of its results, it is time to question the motives of [its] advocates." - Ayn Rand

"The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy." - Dr. Thomas Sowell, Professor Emeritus, Economics, Stanford University and The Hoover Institution

 "The real problem was that communism was based on central planning, which is the notion that supposedly wise bureaucrats and politicians could scientifically determine the allocation of resources." - Dan Mitchell

   "No single person possesses anything close to the invisible collective knowledge held by the society as a whole." - Jonah Goldberg, paraphrasing Friedrich Hayek, here
Open Letter To Millennials:
The Koreas at night
“Fascism, Nazism, Communism and Socialism are only superficial variations of the same monstrous theme: collectivism.” - Ayn Rand
See: Television personalities and other self-important ignorami like to claim that "SOCIALISM WORKS IN SWEDEN". DiLorenzo corrects the record: “Socialism nearly wrecked Sweden, and free market reforms are finally bringing its economy back from the brink of disaster.” HERE
Also: Denmark is as capitalist as the U.S.
VIDEO - Lars Rasmussen, PM of

I know that some people in the U.S. associate the Nordic model with some sort of socialism. Therefore I would like to make one thing clear: Denmark is FAR from a socialist planned economy.” – Lars Lokke Rasmussen, Prime Minister of Denmark, at the Kennedy School of Government, Harvard University   HERE

 ••➤ Now, About That
"GAP between RICH & POOR"

"People who are very aware that they have more knowledge than the average person are often very unaware that they do not have one-tenth of the knowledge of all of the average persons put together. In this situation, for the intelligentsia to impose their notions on ordinary people is essentially to impose ignorance on knowledge." --Dr. Thomas Sowell  

   "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." - Friedrich Hayek

     "The most important task of economics is to get it through the thick skulls of control freaks that they can't know 1/100th of 1% of the millions of decisions that independent people make in a spontaneous economy. That's why socialists are arrogant, and dangerous, ignorami." - Rick Gaber

   "If We Want Prosperity, Prices Should Be Determined by Markets rather than Politicians" - Dan Mitchell

Walter E Williams, PhD"Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man.  Capitalism made it possible to become wealthy by serving your fellow man."
-Dr. Walter E. Williams

"The primary purpose of socialism has always been to provide to professional politicians job security and the ability to constantly plunder fellow citizens, those who are actually productive.  Everything else is rationalization, excuses and pandering to the envious." - Rick Gaber

  "Economic laws are not subject to a vote.  They don't depend on your feelings or your intentions.  Issues like scarcity, incentives and opportunity costs don't vanish if you wish hard enough.  That's why socialism, everywhere and always, ends in poverty and mass starvation." - Bradley Thoma

"What has destroyed liberty and the rights of man in every government which has ever existed under the sun?   The generalizing and concentrating all cares and powers into one body ..." -Thomas Jefferson

   "Getting rid of capitalist 'exploiters' in Communist countries did not raise the living standards of workers, even to levels common in many capitalist countries, where workers were presumably still being exploited, as Marxists conceived the term." -Dr.Thomas Sowell 

    "Socialism is nothing more than a glorified something-for-nothing scheme sold to ignorant, gullible voters by politicians, their sycophants, and other non-productive grifters and con-artists as a means to steal from, and acquire power over, really productive people." - Rick Gaber 

"Now, about socialism: There is always free cheese in the mousetrap." - Prof. Steve Hanke, PhD  

  "When people act in their interests within common law, capitalism sprouts. Socialism, being unnatural, must be imposed from without." - Philip Schuyler

  "Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to." - Dr. Thomas Sowell, Professor Emeritus, Economics, Stanford U. & The Hoover Institution

  "Fortunately, political freedom and economic progress are natural partners.  Despite capitalism's lingering reputation as the [alleged] source of all the world's evils, the fact remains that every single democracy is a capitalist country.  Half a century of economic experimentation proved beyond doubt that tyranny cannot yield prosperity. ... Socialism collapsed because it is a policy of unrestrained intervention.  It tries to fix what is 'wrong' with the spontaneous, self-organizing phenomenon called capitalism.  But, of course, a natural process cannot be 'fixed.' ... Socialism is an ideology. Capitalism is a natural phenomenon." -- Michael Rothschild in BIONOMICS: Economy as Ecosystem 

  "A man's admiration for absolute government is proportionate to the contempt he feels for those around him.” - Alexis de Tocqueville
"Underlying most arguments against the free market is a lack of belief in freedom itself."
- Dr. Milton Friedman 

"If By Some Miracle, Socialism DID Work, It Is Still Evil & Immoral" - Jennifer Grossman

"What, in any case, is socialism? No matter how one describes it, no matter how many failed cases you point to, no matter how often all its central ideas are refuted, the socialist refuses responsibility. ...So let’s just take at least someone’s word for it. The Socialist Party of Britain gives this shorthand description of what socialism is: 'free access to all goods and services.'  -- Jeffrey Tucker, HERE  (In other words, socialists are nucking futs. - ed.) 
"For years, statist development experts had sought top-down solutions, operating under the implicit assumption that poor people in the Third World were largely incapable of entrepreneurship.  De Soto utterly rejected that patronizing viewpoint, and, beginning in his native Peru, focused on the lack of formal property rights as the source of poverty in poor countries." --Gene Healy

"Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth." - Julian Simon

"The perception of poverty as morally intolerable in a rich society had to await the emergence of a rich society." - Nathan Rosenberg 

"Wealth is based on productivity, and productivity is expandable.  In fact, productivity is fabulously expandable." - P.J. O'Rourke in Eat the Rich
"Of course the rich had cell phones first. But THAT is precisely what made it possible for poor farmers in Bangladesh to have them today, which they do." - Jim Miller

"Free market capitalism is NOT some sort of system imposed top-down by politicians, economists or intellectuals.  Capitalism is a description, not a prescription, of what people do when left free to exchange economic value for value.  That’s it." - Alice Smith, great-great-great-granddaughter of Adam Smith  

"Anything other than free enterprise always means a society of compulsion and lower living standards, and any form of socialism strictly enforced means dictatorship and the total state.  That this statement is still widely disputed only illustrates the degree to which malignant fantasy can capture the imagination of intellectuals." -- Lew Rockwell  

"Capitalism vigorously pursued has never produced the atrocities ... produced by statism vigorously pursued." - Dr. Don Boudreaux, here: http://cafehayek.com/2011/12/an-undeniable-asymmetry.html     

"So many idealistic political movements for a better world have ended in mass-murdering dictatorships. Giving leaders enough power to create 'social justice' is giving them enough power to destroy all justice, all freedom, and all human dignity." -- Thomas Sowell

"The attempt to make heaven on earth invariably produces hell." - Karl Popper  

.  "Bad and discredited ideas, it seems, never die.  Neither do they fade away.  Instead, they keep turning up, like bad pennies or Godzilla in the old Japanese  movies." -- Murray N. Rothbard  

"Any stray mediocrity rushes into print with plans to control the production of mankind -- and ... no one questions his right to enforce his plans by means of a gun." -- Ayn Rand, Atlas Shrugged

“[Economic] planning does not accidentally deteriorate into the militarization
of the economy; it IS the militarization of the economy." - Steven Horwitz

“A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society.” -Prof. Ludwig von Mises   
"Cuba's poverty is caused by the crackpot Marxist doctrines imposed by its sociopathic ruler and promoted by half the liberal arts professors on American faculties." -- David Horowitz  

"Socialism killed an estimated 100 million people while Capitalism has reduced poverty far more than anything in the history of the world. Capitalism has been the most effective way to eliminate poverty in history while Socialism Leads to Misery and Destitution." -Wayne Dunlap

"If concern for human poverty and suffering were one's primary motive, one would seek to discover their cause.  One would not fail to ask : Why did some nations develop, while others did not?  Why have some nations achieved material abundance, while others have remained stagnant in sub-human misery?  History and specifically the unprecedented prosperity-explosion of the 19th century would give an immediate answer : capitalism is the only system that enables men to produce abundance - and the key to capitalism is individual freedom." --Ayn Rand, "Requiem for Man", Chapter 24 of Capitalism: The Unknown Ideal

"The belief that all wealth comes from stealing is popular in prisons and at Harvard."
           - George Gilder 

"Now, about socialism: There is always free cheese in the mousetrap." - Prof. Steve Hanke, PhD  

"Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time and again. Most have no common sense, and most never acknowledge that they were wrong." -- Larry Kudlow, August 23, 2010

"Facts don't care about your feelings." - Ben Shapiro

10 Socialist Arguments Destroyed
The Top 5 Most Epic Takedowns of Socialist Ideas (VIDEOS)
"Every time
                              government attempts to handle our affairs,
                              it costs more and the results are worse
                              than if we had handled them
                              ourselves." -Benjamin Constant
Find A Scholarly Primer on the Folly (and Evil) of Socialism HERE
See: Socialism Is a Rigid Ideology That ALWAYS Ends in Tyranny HERE

6 Persistent Myths About Socialism Debunked
  Some people, especially college professors, believe that socialism is "virtuous" because it gives them the authority to advise politicians to "enforce unselfishness and stamp out selfishness."  However, they completely ignore the fact that there are two different kinds of selfishness, one being a virtue, and the other a vice.   The good kind is taking care of yourself and your family, the pursuit of happiness and engaging in free trade with others for mutual benefit; the bad kind is taking advantage of others without their permission, even by having the government do it for you.  The freedom to act on the good kind of selfishness, a culture that used to respect it, and a government that left peaceful, honest citizens alone were the principal causes of America's widespread prosperity and pervasive spirit of good will and benevolence, surpassing all other countries on earth in just its first 170 years.  See: http://FreedomKeys.com/selfishness.htm#pcdt , http://bit.ly/j1vKm7 & http://tinyurl.com/RootsOfBenevolence
"The popularity of Socialism can be accounted for by the fact that it allows one to feel both insanely envious and morally righteous all at the same time." -MDJ
Venezuela IS "democratic socialism" in action.  THIS is how grocery store shelves in Venezuela look since socialism was imposed.
                                Bolivar Bridge
Venezuela before & after
Socialism: The World's Greatest Generator of POVERTY
How socialism ruined
                                    my country (VIDEO)
It WAS real socialism
"democratic" socialism

#7“The fatal flaw in socialism is twofold: first, the conceit inherent in the desire to plan the lives of others; second, the force necessary to impose that plan on unwilling subjects.” – Jim Peron

"Socialism is a system of continual theft of productive people's production by politicians. It is promoted primarily by the sycophants of politicians in academia and the media who think the power over the lives of others would be shared with them.  But there is NO way continual theft by politicians can be sustainable."
- Rick Gaber

"More frightening than any particular beliefs or policies is an utter lack of any sense of a need to test those beliefs and policies against hard evidence. Mistakes can be corrected by those who pay attention to facts ... dogmatism will not be corrected by those who are wedded to a vision." -- Dr. Thomas Sowell

"Civilizations have been known to crumble under the weight of envy and the disrespect for property it entails." - Lawrence W. Reed

"Socialist governments traditionally do make a financial mess. They always run out of other people’s money." - Margaret Thatcher
“Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.” - Winston Churchill at Perth, Scotland, May 28, 1948 

“Real Socialism” has never been tried in the same way that “Real Capitalism” has never been tried.

"The difference is ‘almost Socialism’ resulted in the impoverishment & death of hundreds of millions of people.

"While ‘Almost Capitalism’ has lifted billions from absolute poverty." - Mark Antro, HERE

--Praised & commented on by Dan Mitchell HERE

"I Was Once a Socialist. Then I Saw How It Worked."
By David Brooks

Socialism is EVIL
     VIDEO by Jennifer Grossman 

VIDEO: Yaron Brook on Why Socialism is Evil

1984 Debate: Capitalism vs. Socialism with intro

"Capitalism promises nothing while delivering more than you could ever want. Socialism promises everything and fails at basic necessities, but people want the promise." -Frank J. Fleming

The Original Appeal of Socialism (Utopia Now!) vs The Socialist Reality of Crushed Freedom and Tyranny

"Politics allows people to vote for the impossible, which may be one reason why politicians are often more popular than economists, who keep reminding people that there is no free lunch and that there are no 'solutions' but only trade-offs." - Dr. Thomas Sowell

 5 Bad Attitudes at the Heart of Socialism

Remember all the posh dachas and wealth the top communists and connected 1% in the former Soviet Union had?  Well, that's still the case in today's socialist countries.  See: "Super-rich Socialists quaff champagne in Venezuela country club while middle class mothers scavenge for scraps in the gutter." HERE

“A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society.” -Prof. Ludwig von Mises 

"One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again." -- Dr. Thomas Sowell
   "The study of history is a powerful antidote to contemporary arrogance. It is humbling to discover how many of our glib assumptions, which seem to us noble and plausible, have been tested before, not once but many times and in innumerable guises; and discovered to be, at great human cost, wholly false."
-- Celebrated Historian Paul Johnson


   "Those who cannot remember the past are condemned to repeat it."
~ George Santayana, The Life of Reason, 1906

   "When Western countries in the past were as poor as Third World countries are today, these Western countries nevertheless had one big advantage: There was no large and influential class of the intelligentsia to impede their progress with unsubstantiated theories and counterproductive propaganda." -- Dr. Thomas Sowell  

Socialism and all its collectivistic variants are responsible for the murders of over 100 million people by their own governments.  The few other widely-held beliefs inspiring unspeakable evils include those of certain so-called "religions."

"SOCIALISM as a political system of government has never succeeded, except for the power elites who control the masses in a state of socialized imprisonment." -

"Socialism forces black markets and enables politicians to be bought for favours." - Mark Antro (enables politicians to sell favors - ed)

"The freer the market, the more prosperous the people. The more controlled the market, the more prosperous the politicians." - Rick Gaber 

Representatives. Chris Smith (R-NJ), Daniel Lipinski (D-IL), Marcy Kaptur (D-OH), and Dennis A. Ross (R-FL), co-chairs of the Congressional Victims of Communism Caucus, wrote a letter to European Commission President Jean-Claude Juncker, which said:

     “Violence and Marxism go hand in hand,” the letter stated, noting that Karl Marx Himself, in an 1848 newspaper article, said that “revolutionary terror” was necessary to bring about “the new society.”

     “Marx’s defenders often say he cannot be held accountable for what communist regimes did long after his life and death; but Marxist dictators who massacred their own people were applying communist ideology to political practice,”  the letter stated.

     "Not only does socialism not work to bring about liberation and prosperity for the workers, it isn’t supposed to. That is what the manifesto dictates. The revolution and the resentment are supposed to last forever.  An ideology of envy." - @Afrikanomics

"Today, in the Twenty-First Century, an age of jet aircraft, personal computers, wireless telecommunications, laser surgery, and incipient space travel, the mentality with which many presumably educated, intelligent people approach matters of economics and business is, however astonishing it may seem, still that of the Dark Ages."-- George Reisman 

Find: "Popular understanding of economics is at least two centuries behind economists' understanding of the economy." HERE
And: "Wealth is not a fixed quantity and one person's success does not come at the expense of others ... Economists have understood [that] for over two centuries, but moralists have not caught up." HERE

   "It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."--  Murray N. Rothbard 

   "How a conflict-ridden, grossly over-populated place with no resources whatsoever gets rich is simple. The British colonial government turned Hong Kong into an economic miracle by doing nothing [but protecting property rights and the sanctity of contracts]." -- P.J. O'Rourke in Eat the Rich 

 "To get rich is glorious." -- Deng Xiaoping, former "Communist" leader, Peoples' Republic of China, trying to encourage entrepreneurs after giving up on a totally centrally-controlled economy

"The market is not an invention of capitalism.  It has existed for centuries.  It is an invention of civilization."
-- Mikhail Gorbachev, June 8, 1990

.   "Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years." -- Julian Simon

  "In terms of natural resources, Africa is the world's richest continent. It has 50 percent of the world's gold, most of the world's diamonds and chromium, 90 percent of the cobalt, 40 percent of the world's potential hydroelectric power, 65 percent of the manganese, millions of acres of untilled farmland as well as other natural resources.  Despite the natural wealth, Africa is home to the world's most impoverished and abused people. Of the 41 black African nations, only three (Senegal, Botswana and Mauritius) allow their people the right to vote and choose their own leaders. Only two (Botswana and Senegal) permit freedom of expression and criticism of government policies. In countries like Uganda, Rwanda, Burundi, Mozambique, Sudan, Chad and others, ethnic genocide has taken the lives of untold millions of innocent victims. Slavery is still practiced in the Sudan and Mauritania." -- Dr. Walter E. Williams
  "Another current catch-phrase is the complaint that the nations of the world are divided into 'haves' and the 'have-nots.'  Observe that the 'haves' are those who have freedom, and that it is freedom that the 'have-nots' have not." -- Ayn Rand

"What transformed the world of horse-drawn carriages, sailing ships, and windmills step by step into a world of airplanes and electronics was the laissez-faire principle." -- Ludwig von Mises in The Ultimate Foundation of Economic Science

Click THIS: 
Milton Friedman on Capitalism vs Socialism
See: Socialism is the road to hell that the good intentions of the historically ignorant is paved with.
Capitalism vs Socialism
The XYZ's of Socialism
                        Jordan Peterson on "Doing Socialism

Marx's ideas ALWAYS
                        led to widespread misery WHEREVER they were put
                        into practice
Excerpts from Karl Marx's poetry: A peek into the soul of a madman:
"With Satan I have struck my deal,
He chalks the signs, beats time for me
I play the death march fast and free."

"See this sword?
the prince of darkness
Sold it to me."

"Capitalism is not just a system for producing wealth. It is, above all else, a system based on the noblest moral principle: the protection of the individual's right to life, liberty, and the pursuit of happiness. Free markets are founded on the individual's right to pursue a career, trade the products of his effort, and enjoy the wealth he has earned without having to seek permission from others or pay ransom for the privilege of living." --Robert W. Tracinski
 "The freer the market, the more prosperous the people. The more controlled the market, the more prosperous the politicians." - Rick Gaber  

"Socialism is nothing more than an enormous something-for-nothing scheme pitched by politicians who are after power and glory (and something for nothing) and by academics who are after praise from their colleagues.  Most socialism advocates have never been successful entrepreneurs creating new jobs or new wealth that never existed before (and they don't even grasp those concepts, let alone the conditions that make them possible)." - Bert Rand

"Socialism is a method for the otherwise unworthy untalented & amoral to achieve power & control over their fellow man through misery." -

"The poor of India are far better off than they would have been if India’s economic liberalisation had not taken place, and there are far less of them than there would have been. This is not because they have died of starvation, but because of ... 'the explosive growth of the middle class'. Free markets aren’t magic, and past inequities don’t disappear as soon as the economy is opened up, but they are better than any alternative. ... One of the most pernicious myths of the last two centuries is of the unequal gains from capitalism. A landmark study titled 'Growth Is Good for the Poor', by David Dollar and Aart Kraay, surveys available economic information from 137 countries, over four decades, and demolishes the myth of the 'trickle-down effect'. In an open economy, wealth does not trickle down gradually from the rich to the poor simultaneously. Instead, 'incomes of the poor rise proportionately with average incomes'. Read the full report..." -- Amit Varma

   "It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth." -- Julian Simon
   "Wealth may provoke envy, but it seldom provokes the truly venomous levels of resentment provoked by achievement. There is no surer way for a minority group to become hated than to enter a country as destitute immigrants and then, through long hours of hard work, rise to a level of prosperity above that of the indigenous population." -- Dr. Thomas Sowell

  "Those who say that all cultures are equal never explain why the results of those cultures are so grossly unequal." -- Dr. Thomas Sowell

"INSTITUTIONS" (Economic Policies) MATTER. "Arnold writes: 'If you think that culture matters but institutions do not, look at North and South Korea.  If you think that culture does not matter at all, look at differences among different ethnic groups within countries.'
"South Korea/North Korea per capita income ratio: 14.[14 to 1]
(Source: CIA World Factbook)

"American Asian/American black average household income ratio: 1.9.[1.9 to 1] (Source: U.S. Census)

"From a global standpoint, it sure looks like economic policy (a term I prefer to the vague 'institutions') matters a lot more than culture." 
-- Bryan Caplan

"Instead of prosperity, socialism has brought economic paralysis and/or collapse to every country that tried it. The degree of socialization has been the degree of disaster. The consequences have varied accordingly." -Ayn Rand

See: "where the mainstream development economists' writings drip with condescension for the apparently helpless poor, Bauer's words glow with good will and respect. The inhabitants of the developing world are people, he reminded us. They need freedom too." HERE.
"The idea that foreign aid is a route out of poverty and political instability is not only bankrupted but a cruel and evil hoax as well." -- Dr. Walter E. Williams

"Foreign aid might be defined as a transfer from poor people in rich countries to rich people in poor countries." -- Douglas Casey 

"My guest on [the Oct. 24, 2019] Tom Woods Show episode is [Phillip Magness, the] editor of the new book The Best of Karl Marx, a series of selections from the nineteenth-century socialist thinker.  But: The introduction flattens Marx, and makes clear that even in his own day the economists did not take him seriously.  The Marginal Revolution, which swept the boards in the economics profession, made Marx's labor theory of value look primitive and ridiculous. Marx never recovered, and according to Ludwig von Mises never seems to have come to terms with the extent to which this revolution in economic thought destroyed the foundations of his system. We discuss the errors of Marx and his enduring legacy." - Tom Woods

"If concern for human poverty and suffering were one's primary motive, one would seek to discover their cause.  One would not fail to ask : Why did some nations develop, while others did not?  Why have some nations achieved material abundance, while others have remained stagnant in sub-human misery? History and specifically the unprecedented prosperity-explosion of the 19th century would give an immediate answer : capitalism is the only system that enables men to produce abundance - and the key to capitalism is individual freedom." -- Ayn Rand, "Requiem for Man", Chapter 24 of Capitalism: The Unknown Ideal
  "The benefits of securing the freedom to create wealth are significant -- especially for the poor. 'In nations in the top fifth of economic freedom, the average income of the poorest 10 percent of the population was $6,877 compared to just $823 in the least free nations,' according to the 2004 Economic Freedom Report, which ranks 123 countries on such policies as taxation, property-rights protection, and freedom to trade internationally. The report also shows that poor countries that embrace economic freedom accumulate wealth  faster: From 1980 to 2000 poor countries whose economies were relatively free of government interference had economic growth rates of 5.2 percent per year, compared to 3.4 percent for all economically free countries." -- Gabriel Gasave
. "Western civilization was the child and product of reason -- via ancient Greece.  In all other civilizations, reason has always been the menial servant -- the handmaiden -- of mysticism.  You may observe the results.  It is only Western culture that has ever been dominated -- imperfectly, incompletely, precariously and at rare intervals -- but still, dominated by reason.  You may observe the results of that." -- Ayn Rand
   "Most Americans living below the official poverty line have air conditioning, microwaves and VCRs. About half have a car or truck. Moreover, most of the people in the bottom 20 percent of the income distribution in 1975 have also been in the top 20 percent at some point since then. ... People who are genuinely poor all their lives still exist, but only about 3 percent of the American population remains in the bottom 20 percent for as long as a decade." -- Dr. Thomas Sowell

 "Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth." -- Julian Simon

"Why is there such a disparity in prosperity between capitalism and socialism?  It's because free markets encourage productivity, and you get more and more of it over time, while controlled markets discourage productivity, and you get less and less of it over time." - Rick Gaber

“The inherent virtue of Socialism is the equal sharing of miseries.” - Winston Churchill in the House of Commons, October 22,1945  
   "America's abundance was not created by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes." -- Ayn Rand

   "Scratch the surface of an endemic problem -- famine, illness, poverty -- and you invariably find a politician at the source."--  Simon Carr, in his review of The Mystery of Capital by Hernando de Soto

  "You can bet the rent money that whatever politicians do will end up harming consumers. Economic ignorance is to politicians what idle hands are to the devil.  Both provide the workshop for the creation of evil." -- Walter E. Williams

"Socialism is an ideology. Capitalism is a natural phenomenon." -- Michael Rothschild