“Every coercive monopoly was created by government intervention into the economy: by special privileges, such as franchises or subsidies, which closed the entry of competitors into a given field, by legislative action.”
The Voice of Reason (1989)
Help us to complete the source, original and additional information
Ayn Rand322
Russian-American novelist and philosopher 1905–1982Related quotes
Nicholas Barr (1943) British economist
Source: Economics Of The Welfare State (Fourth Edition), Chapter 14, Higher Education, p. 329
Edwin H. Land (1909–1991) American scientist and inventor
p, 125
Research by the Business Itself (1945)
Robert LeFevre (1911–1986) American libertarian businessman
Rampart Institute, p.411
The Fundamental of Liberty (1988)
Ian Bremmer (1969) American political scientist
"The West Should Fear the Growth of State Capitalism," http://www.telegraph.co.uk/finance/economics/7883061/The-West-should-fear-the-growth-of-state-capitalism-Ian-Bremmer.html The Daily Telegraph (July 10, 2010).
Gunnar Myrdal (1898–1987) Swedish economist
Source: Beyond the Welfare State (1958), p. 38
Context: Generally speaking, the less privileged groups in democratic society, as they become aware of their interests and their political power, will be found to press for more and more state intervention in practically all fields. Their interest clearly lies in having individual contracts subordinated as much as possible to general norms, laid down in laws, regulations, administrative dispositions, and semi-voluntary agreements between apparently private, but in reality, quasi-public organizations [e. g., wage agreements between Swedish unions and employers' confederations, and their counterparts in other countries].
Kirby Page (1890–1957) American clergyman
also see The Baruch Plan http://www.atomicarchive.com/History/mp/p6s5.shtml <br class="br">What Does God Want Us to Do About Russia? (1948) <br class="br">Context: In the Baruch proposal our government suggested the creation of the International Authority by the United Nations to which would be given a complete monopoly of all atomic installations, materials and stockpiles. This authority should be given power of inspection and power to call for the punishment of violators.
Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)
1920s, Second State of the Union Address (1924)
Charles Wheelan (1966) American politician
Introduction to Public Policy (2011), Ch. 8 : The Role of Government
Kenneth Griffin (1968) American hedge fund manager
"Citadel Boss Won't Be Hedging On Day Job," Chicago Tribune (March 2006) http://www.healthdecisions.org/StopLossReinsurance/News/default.aspx?doc_id=58379 <br class="br">On competition among hedge funds.