Monday, March 27, 2006

Robert LaFevre said this

in an article called The Abstract Concept of Liberty:
What of those who find fascination of things uppermost in their minds as they consider freedom? Ordinarily, the fascination here tends to centralize and focus on the question of money. Freedom becomes important because it means profits. Those thinking at this level usually forget that a free market has its merit because the customer is king. And, as customers rule, it is customer choice that finally determines who will profit and who will lose. A free market is a profit and loss system, with only the customers making the final decision.

In short, if one is free, one will have more money with which to buy more things with which to get more money. Here are often found those businessmen who speak from both sides of their mouths. They favor a free market until they face effective competition. Immediately, they clamor for protection against the dollar losses which will now accrue to them. The important item in their thinking is the dollars to be gained rather than the importance of deserving those dollars.

My emphasis.

No comments: