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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Monday, September 13, 2010

The Dupes of Socialism - Floy Lilley - Mises Daily

Someone that understood the huge downside of socialism. We are sold all the benefits and these benefits are very popular with the huge 'something for nothing' crowd. However, we are never told nor is it understood what other costs are associated with states making decisions that we currently now take for granted. Look at the experience of socialism in 1960's China or in North Korea, the end of social liberty goes hand-in-hand with the end of economic liberty.

The Dupes of Socialism - Floy Lilley - Mises Daily

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