When Government has a monopoly of all production and all distribution, as many Governments have, it can not permit any economic activity that competes with it. This means that it can not permit any new use of productive energy, for the new always competes with the old and destroys it. Men who build railroads destroy stage coach lines. -pg32.


Discovery of Freedom (1943)


When Government has a monopoly of all production and all distribution, as many Governments have, it can not permit any economic activity that...

When Government has a monopoly of all production and all distribution, as many Governments have, it can not permit any economic activity that...

When Government has a monopoly of all production and all distribution, as many Governments have, it can not permit any economic activity that...

When Government has a monopoly of all production and all distribution, as many Governments have, it can not permit any economic activity that...