"What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not. It is only because the control of the means of production is divided among many people acting independently that nobody has complete power over us, that we as individuals can decide what to do with ourselves. If all it be nominally that of ‘society’ as a whole of that of a dictator, whoever exercises this control has complete power over us." – Friedrich A. Hayek
Jim’s Quote of the Day:
