A Twofer! First: “Even the failure and disintegration of socialism in Eastern Europe and the former Soviet Union has not led to a clear response to the next question: if government ownership of the means of production is so bad, why is government regulation of the private means of production so good?”
Articles tagged as
Richard Epstein
Notable Quote – “…of the Progressive Era were its greatest failures”
[Progressives of the 1930s] were determined that their vision of the managed economy should take precedence in all areas of life. Although they purported to have great sophistication on economic and social matters, their understanding of those matters was primitive, and their disdain for the evident signs of social improvement colored their vision of the … Read more