Without Freedom There Would be No Pencils

In a chapter entitled “Opportunity: The Great Art of Life?” from his book, How Do We Know?, Leonard Read writes the following: Opportunities are indeed rare in countries where one cannot act creatively as he or she pleases. Rare, too, are opportunities for you or me that are beyond the range of our potentialities or talents. Astronomy is no more within my range than is the making of an ordinary wooden lead pencil. And, all too rare are the astronomers—or those who have a part in pencil-making Read more […]

Obama: Government, Not Business, Deserves the Credit

Remarks by President Obama at a Campaign event in Roanoke, Virginia, are appearing everywhere: “If you’ve got a business — you didn’t build that. Somebody else made that happen.” The president explains his beliefs: “There are some things, just like fighting fires, we don’t do on our own. I mean, imagine if everybody had their own fire service. That would be a hard way to organize fighting fires.” There is a true premise to this argument, even though the conclusion (government Read more […]