“Americans who are in the bottom 10th of income distribution live better today than kings lived in 1800. They have better health care, cheaper entertainment, cheaper books, longer life expectancy, air conditioning, central heating, and much more. This has come as a result of the private property system, the future-orientation of a broad mass of savers, and the willingness of entrepreneurs to invest their time and money to meet the wants of consumers in the future.” – Dr. Gary North
Jim’s Quote of the Day:
