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“Sellers at vintage markets and flea malls are creating value every bit as much as their friends and neighbors working in the coal mines or in the mills. They’re transforming lower-value assets to higher-value uses.” ~Art Carden
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“Friedman wasn’t a contrarian, but a firm believer in following the facts wherever they led. This ‘positive economics’ approach would underpin his later contributions for which he was most known.” ~Michael N. Peterson
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Gwartney will be remembered as a master economic educator and founder of the Economic Freedom of the World (EFW) index, which is published by Canada’s Fraser Institute.
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“The mass State has no intention of promoting mutual understanding and the relationship of man to man; it strives, rather, for atomization, for the psychic isolation of the individual. The more unrelated individuals are, the more consolidated the State becomes.” ~Barry Brownstein
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“I often find myself lost in the cosmos, as a professor who actually wants to teach, while the thundering herds of unprepared students and compliant administrators have given up on education.” ~Nikolai G. Wenzel
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“One day we might look back at our cottage industry of diversified funds, tax-favored retirement accounts, capital gains taxes, clever accountants, hedge fund managers, Fed watchers, and army of central bank economists as positively medieval.” ~Joakim Book
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“Nobody ever planned MRE cheese spread as the preferred medium of exchange between military service members. Cheese spontaneously emerged, again and again, in a process of competition between goods.” ~Emile Phaneuf III
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“Adam Smith showed my students that they are constantly influenced for the better by the work of countless thousands of others whom they will never know.” ~Jeff Ziegler
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“Our freedom depends on voluntary human cooperation. The Stoics offer practical wisdom for promoting freedom by helping you remove your internal barriers to cooperating with others.” ~Barry Brownstein
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“The threat to the identity synthesis, and the main targets of its proponents, are the old-fashioned liberals, whether they fall on the right or the left of the political spectrum.” ~James E. Hartley
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On this episode of Liberty Curious, Kate Wand and Samuel Gregg discuss the life and ideas of Wilhelm Röpke, an economics professor who was exiled from Germany in the 1930s for defending liberty and opposing the National Socialists.
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“What matters for the capitalist story to flourish is that its effect on the world continues to be positive, not whether market actors believe it while embodying its principles.” ~Joakim Book
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