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Socialized medicine must fail for the same reasons all socialism must fail: it offers no system for rationally allocating resources, and instead promotes the overutilization of all resources, ending in bankruptcy.

Llewellyn Rockwell

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More quotes by Llewellyn Rockwell

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The danger to a free society is not the guns owned by the citizens but an unconstrained government.... An armed society is a self-governing society, just as a disarmed people are vulnerable to arbitrary power of every kind.
Llewellyn Rockwell
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In any government bureaucracy, they are not working for you but for the mythical blob called the 'public sector,' which is really nothing but a stash of stolen cash divided among the robber class.
Llewellyn Rockwell
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Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was the last limit. Its banishment as a standard unleashed the inflation monster and leviathan itself, which has swelled beyond comprehension.
Llewellyn Rockwell
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If the people are led to believe that scarce resources are best channeled in a direction that producers and consumers would not choose on their own, the result must necessarily be central planning.
Llewellyn Rockwell
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There is nothing the state can do, and which society needs done, that cannot be done far better by the market.
Llewellyn Rockwell
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The state is a vast enterprise for declaring all sorts of things legal for itself that would be illegal for us.
Llewellyn Rockwell
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Above all, ascribe no decent motives to the federal government. Always and everywhere, it is the enemy of truth.
Llewellyn Rockwell
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Libertarianism is a theory of politics that is so compelling that once you have absorbed it, it becomes the lens through which you end up understanding all economic and political events.
Llewellyn Rockwell
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Capitalism, and capitalism alone, has rescued the human race from degrading poverty, rampant sickness and early death.
Llewellyn Rockwell
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Money out of nothing is money that is eventually worth nothing.
Llewellyn Rockwell
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The state is and has been in history a source of disorder and chaos, and this problem gets worse the more the state grows.
Llewellyn Rockwell
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What we need is a new consciousness concerning the idea of human liberty.
Llewellyn Rockwell
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One ironic legacy of the Clinton administration is the rearming of the American citizenry. Each time Clinton and his friends in Congress threaten another round of anti-gun regulations, the American people respond by stocking up.
Llewellyn Rockwell
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Wealth is not a given or an accident of history. It is not bestowed on us like rain from above. It is the product of human creativity in an environment of freedom. The freedom to own, to make contracts, to save, to invest, to associate, and to trade: these are the key to prosperity.
Llewellyn Rockwell
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Always and everywhere, the only serious political issue is what the state should and should not do. All the rest distracts.
Llewellyn Rockwell
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Let every nation, right now, do what is best for all citizens of the world: eliminate every form of intervention that would prevent or otherwise hobble mutually beneficial trade between any two parties anywhere in the world. No bureaucracy can help us toward that goal it must come from a growing realization of the merit of freedom itself.
Llewellyn Rockwell
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Among the most urgent political priorities of our age is the separation of economy and state.
Llewellyn Rockwell
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The private sector is creating a miracle a day, even as the stuff that government attempts is failing left and right.
Llewellyn Rockwell
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The state always poses a greater threat to society than whatever problem it purports to solve.
Llewellyn Rockwell
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Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.
Llewellyn Rockwell