Price Controls by Any Other Name | Michael D. Tanner | Cato Institute: Commentary
Posted using ShareThis
Subscribe to:
Post Comments (Atom)
"It is unfortunately none too well understood that, just as the State has no money of its own, so it has no power of its own. All the power it has is what society gives it... there is no other source from which State power can be drawn. Therefore every assumption of State power, whether by gift or seizure, leaves society with so much less power; there is never any strengthening of State power without a corresponding and roughly equivalent depletion of social power." ~ Albert Jay Nock
No comments:
Post a Comment