Quotation of the Day…

by Don Boudreaux on October 11, 2014

in Myths and Fallacies

… is from page 178 of the 1978 Arlington House edition of David Friedman’s 1973 book, The Machinery of Freedom; (a revised on-line edition of this indispensable book is available for free):

In spite of popular myths about capitalism oppressing the poor, the poor are worse off in those things provided by government, such as schooling, police protection, and justice.  There are more good cars in the ghettos than good schools.

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