Quotation of the Day…

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… is from page 7 of the late William Riker’s 1982 book, Liberalism Against Populism :

No government that has eliminated economic freedom has been able to attain or keep democracy, probably because, when all economic life is absorbed into government, there is no conceivable financial base for opposition. But economic liberty is also an end in itself because capitalism is the driving force for the increased efficiency and technological innovation that has produced in two centuries both a vast increase in the wealth of capitalist nations and a doubling of the average life span of their citizens.