“
What private property does is connect effort to reward, Mutual exchange for mutual benefit makes the community richer.
— John Stossel
television presenter, journalist, writer
1947
What private property does is connect effort to reward, Mutual exchange for mutual benefit makes the community richer.
I started out by viewing the marketplace as a cruel place, where you need intervention by government and lawyers to protect people. But after watching the regulators work, I have come to believe that markets are magical and the best protectors of the consumer. It is my job to explain the beauties of the free market.
I'm a little embarrassed about how long it took me to see the folly of most government intervention. It was probably 15 years before I really woke up to the fact that almost everything government attempts to do, it makes worse.
The people who run the international tests told us, "the biggest predictor of student success is choice." Nations that "attach the money to the kids" and thereby allow parents to choose between different public and private schools have higher test scores. This should be no surprise; competition makes us better.
There is some good evidence man contributes to global warming. But I say, so what? We can deal with that. It's not a catastrophe. And cold is far worse for hurting people than warmth.
The one thing I've learned is that stuttering in public is never as bad as I fear it will be.
