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Leonard Read Quotes: 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.


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!



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.



The proper and limited use of government is to invoke a common justice and keep the peace - and that is all.

The proper and limited use of government is to invoke a common justice and keep the peace - and that is all.





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It was true. Men could be with whomever they pleased. But women had to date better, kinder, richer, and bright, bright, bright, or else people got embarrassed.

It was true. Men could be with whomever they pleased. But women had to date better, kinder, richer, and bright, bright, bright, or else people got embarrassed.



I don't think there's a problem with being a teen idol, if that happens to me, I'll be happy to deal with it.

I don't think there's a problem with being a teen idol, if that happens to me, I'll be happy to deal with it.



Who that has reason, and his smell, Would not among roses and jasmin dwell?

Who that has reason, and his smell, Would not among roses and jasmin dwell?



Unfortunately for the 'Tomorrow' series, I feel that for the actors that were in the first film, maybe our commitment to it is done.

Unfortunately for the 'Tomorrow' series, I feel that for the actors that were in the first film, maybe our commitment to it is done.



The 20th century was the century of war and blood. The 21st century is the century of dialogue.

The 20th century was the century of war and blood. The 21st century is the century of dialogue.



We used to think that revolutions are the cause of change. Actually it is the other way around: change prepares the ground for revolution.

We used to think that revolutions are the cause of change. Actually it is the other way around: change prepares the ground for revolution.



Who can know how much of his most inward life is made up of the thoughts he believes other men to have about him, until that fabric of opinion is threatened with ruin?

Who can know how much of his most inward life is made up of the thoughts he believes other men to have about him, until that fabric of opinion is threatened with ruin?



You got black people in an all-white country and they don't know nothing about themselves.

You got black people in an all-white country and they don't know nothing about themselves.



The arts can bring the heart to the aid of the head, the personal to the political.

The arts can bring the heart to the aid of the head, the personal to the political.



Followers have a very clear picture of what they want and need from the most influential leaders in their lives: trust, compassion, stability, and hope.

Followers have a very clear picture of what they want and need from the most influential leaders in their lives: trust, compassion, stability, and hope.




Quote Description


This page presents the quote "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.". Author of this quote is Leonard Read. This quote is about disease, welfare, inflation, names, socialism, communism, interventionism, causes,.