Bored Panda works better on our iPhone app
Continue in app Continue in browser
BoredPanda Add Post

The Bored Panda iOS app is live! Fight boredom with iPhones and iPads here.

MorgothBauglir

MorgothBauglir

Community Member

MorgothBauglir

MorgothBauglir

Community Member

1 posts
1.4K comments
1.3K upvotes
-170 points

"There's no such thing as free lunch"--Milton Friedman, Nobel-prize-winning economist.

"If socialists understood economics, they wouldn't be socialists"--Friedrich Hayek, another Nobel-prize-winning economist.

"Government...is but a necessary evil..."--Thomas Paine.

These three quotes sum up my politics.

I've defended Capitalism dozens of times here. It is time for me to bring up another defense of capitalism, the fact that every single great economist in history is a capitalist: Adam Smith, Frederic Bastiat, Jean-Baptiste Say, David Ricardo, Ludwig von Mises, Friedrich Hayek, Milton Friedman, Frank Knight, George Stigler, Gary Becker, and even John Maynard Keynes. Search them up. Read their writings. Trust these actual noble laureates and intellectuals, and trust what these experts say, about how Capitalism does truly improve the plight of the common man.