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Bonus Quotation of the Day…

… is from pages 25-26 of the original edition of IHS-founder F.A. “Baldy” Harper’s 1949 tract, Liberty: A Path to Its Recovery:

The problem of economic liberty touches every exchange of goods and services, the ownership of property, and every contractual arrangement involving these “economic” affairs, because human relationships are involved in all of them.

Economic liberty is absent to whatever extent a person is prohibited from using his talents and his property to produce and sell (or exchange) anything he desires, at whatever price is agreeable to him and to the buyer. If he is prohibited from doing this, by another person or by any combination of persons who are not direct parties to the deal, his liberty is thereby transgressed. And further, it makes no difference, so far as liberty is concerned, under what name the act of prohibition is paraded; or whether it is by a corporation, a cooperative, a labor union or a trade union, the government, or what not.


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