“Coercive redistribution and diversity in the interests of its constituent groups are essential features of the modern welfare state. Disagreement over perceived consequences of social policy creates the demand for publicly justified “objective” evaluations. If there were no coercion, redistribution and intervention would be voluntary activities and there would be no need for public justification for voluntary trades.”

−James J. Heckman (winner of the 2000 Nobel Prize in Economics)

“I swear by my life, and my love of it, that I will not live for the sake of another man, nor ask another man to live for mine.”

-Henry Rearden


It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
-Adam Smith