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Leonard Read Quotes: True, the free market ignores the poor precisely as it does not recognize the wealthy - it is 'no respecter of persons'
         

True, the free market ignores the poor precisely as it does not recognize the wealthy - it is 'no respecter of persons'


Leonard Read
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Other quotes of Leonard Read


Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.

Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.



...the greatest political problem facing the world today is...how to curb the oppressive power of government, how to keep it within reasonable bounds.

...the greatest political problem facing the world today is...how to curb the oppressive power of government, how to keep it within reasonable bounds.



In market terms, one is entitled to what others will offer in willing exchange. That is all!

In market terms, one is entitled to what others will offer in willing exchange. That is all!



What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.

What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.



The American people are becoming more and more afraid of, and are running away from, their own revolution.

The American people are becoming more and more afraid of, and are running away from, their own revolution.



There is no moral distinction between the act of a pickpocket and the progressive income tax.

There is no moral distinction between the act of a pickpocket and the progressive income tax.



There is no moral distinction between petty thievery and 'from each according to ability, to each according to need.'

There is no moral distinction between petty thievery and 'from each according to ability, to each according to need.'



There could be no greater error than to conclude that statism caused prosperity.

There could be no greater error than to conclude that statism caused prosperity.



Statism, which forces all of us within its orbit, is nothing but a political system of organized plunder, managed by every conceivable type of pressure group.

Statism, which forces all of us within its orbit, is nothing but a political system of organized plunder, managed by every conceivable type of pressure group.



The advancement of freedom is not a matter of who wields political power over creative actions; rather, it depends upon the disassembling of such power.

The advancement of freedom is not a matter of who wields political power over creative actions; rather, it depends upon the disassembling of such power.





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What kind of a society are we going to have if it consists of highly paid people doing high-value-added work - and masses of unemployed?

What kind of a society are we going to have if it consists of highly paid people doing high-value-added work - and masses of unemployed?



Composers are not all good conductors.

Composers are not all good conductors.



Lots of people say to me, 'I completely hate Busted'. That's completely cool with me. I understand why.

Lots of people say to me, 'I completely hate Busted'. That's completely cool with me. I understand why.



The correct scientific response to something that is not understood must always be to look harder for the explanation, not give up and assume a supernatural cause.

The correct scientific response to something that is not understood must always be to look harder for the explanation, not give up and assume a supernatural cause.



I think there’s no question but what the tail end of the Bush administration, Bush-Cheney administration, that we took steps specifically geared to try and free up the financial sector.

I think there’s no question but what the tail end of the Bush administration, Bush-Cheney administration, that we took steps specifically geared to try and free up the financial sector.



The marketplace obliges men, whether they will or not, in pursuing their own selfish interests, to connect the general good with their own individual success.

The marketplace obliges men, whether they will or not, in pursuing their own selfish interests, to connect the general good with their own individual success.



Music is sound. It's a wave. It's going out and coming back, and it's bouncing off.

Music is sound. It's a wave. It's going out and coming back, and it's bouncing off.



Good manners are very important, particularly in the morning.

Good manners are very important, particularly in the morning.



I don't think you get anything good if you just accept everything the way it rolls out. You have to fight for what you believe in.

I don't think you get anything good if you just accept everything the way it rolls out. You have to fight for what you believe in.



The soul has this proof of divinity: that divine things delight it.

The soul has this proof of divinity: that divine things delight it.




Quote Description


This page presents the quote "True, the free market ignores the poor precisely as it does not recognize the wealthy - it is 'no respecter of persons'". Author of this quote is Leonard Read. This quote is about poor, persons, free market, doe, wealthy,.