Friday, January 20, 2012

How Much Economic Freedom Do We Have in the United States?

by Andrew P. Napolitano

The root of economic freedom is the recognition of the right to own private property. That includes the right to utilize it unmolested, to dispose of it without anyone's permission and to exclude anyone from it, even the government. Suffice it to say, no American president since the advent of the income tax and the Federal Reserve 100 years ago has fully accepted or meaningfully defended that right. The more the government extracts in taxes and the more it inflates the money supply, the more it rejects and assaults property rights.  

Read more: http://lewrockwell.com/napolitano/napolitano37.1.html

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