Notable Quote – Private Sector has to Work at Stuff while Public Sector Can Be Mediocre

And unlike a government agency, the private owner is obliged by self-preservation to try to avoid losses, which means that he is forced to run his railroad economically and efficiently. And also unlike a government agency, the private capitalist is nearly always obliged to face competition – which means to make the services he provides or the … Read more

Notable Quote – Henry Hazlitt

Liberty is the essential basis, the sine qua non, of morality. Morality can exist only in a free society; it can exist to the extent that freedom exists. Only to the extent that men have the power of choice can they be said to choose the good. – Henry Hazlitt (H/T: Cafe Hayek)

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