“So what sort of ‘business’ is government? Answer: it is not a customary producer of goods sold to voluntary consumers. Rather, it is a ‘business’ engaged in theft and expropriation — by means of taxes and counterfeiting — and the fencing of stolen goods. Hence, free entry into government does not improve something good. Indeed, it makes matters worse than bad, i.e., it improves evil.” -Hans-Hermann Hoppe
Posts Tagged ‘producer’
Government Business
Posted: November 6, 2016 in Thought for the DayTags: bad, Business, consumers, counterfeiting, evil, expropriation, good, goods, government, improve, producer, sold, stolen, taxes, theft, voluntary
Productive Employment
Posted: October 14, 2015 in EconomicsTags: employment, produce, producer, prosperity, unemployed, Wealth
“Focusing on the producer means focusing on high employment. But high employment is not the foundation of prosperity… We could draft every unemployed American into ditch-digging squads tomorrow. We’d have 100% employment. But digging and refilling holes doesn’t produce anything… Increasing productivity—getting more output for every input—is the font of genuine wealth creation. Not employment for employment’s sake.” -J. Reeves
