Economic freedom begets political freedom. Democracy alone, a la elections are not enough, we need a liberal democracy that circumscribe the domain of government to what Martin Wolf says “Under liberty, the state protects everybody from predators, not excluding itself”. Property rights begets individual ownership and that in turn promotes individual as well as economic freedom
– Franklin Cudjoe discussing what Africa really need.
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Samizdata quote of the dayAugust 2nd, 2005 |
 4 comments to Samizdata quote of the day |
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Private property rights are just as important as liberty.
Remove 1, we’re back to monarchy.
Kelo stirred up a hornet’s nest as it should have.
Yikes. Don’t even try that video if you haven’t got fast broadband.
Oops, sorry, wrong thread.
Sometimes it does feel like a chicken and egg problem. Of economic and political, and let’s toss in social freedom as well, which comes first, and can lead to the other two?
TWG