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Quotation of the Day…

… is from pages 266-267 of Richard W. Duesenberg’s insightful 1962 article “Individualism and Corporations” (available without charge on-line here) as it appears in Liberty Fund’s 1981 single-volume collection of the New Individualist Review:

And yet, the very vastness and complexity of individuality is the strongest support for individualism as a political and economic creed. No single mind can know all of history, all of biology, all of the myriads of desires of a single person in any one of a multitude of circumstances, let alone all of these and more combined. Yet, it is the assumption that this is possible, or nearly possible, which underlies much collectivistic thought.

I regret that this vogue of planners and bureaucratic demagogues includes many college and university professors who seem either to miscomprehend freedom’s heritage or to be obsessed with visions of themselves as administrative princes.

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