Quotation of the Day…

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… is from page 98 of my late, great colleague Walter Williams’s 1982 book America: A Minority Viewpoint:

Many people claim that the free market is pro-elite and not for the common man. An examination of the evidence would not support such a claim. For example, what company owner became richer, Ford or Bentley? Where is the most money made, rock-n-roll music or classical music? To whom does commercial television cater, the common man or the elite? In the latter case, the elite get what they want on television (Sesame Street, operas, science shows) through using the coercive powers of government to tax the common man for public television. To add insult to injury, the elite lie. They call public television “listener sponsored.”