3.Apr.2009 at 3 | xn
Cause of depressions
“As to your statement that ‘laissez-faire’ capitalism is the cause of depressions-this is an issue of economic fact and is simply untrue. The cause of depressions is government interference into economics. For proof, I refer you to such books as Capitalism the Creator by Carl Snyder, Economics in One Lesson by Henry Hazlitt, How Can Europe Survive by Hans Sennholz, and the works of the great economist Ludwig von Mises.”
–Ayn Rand, in a letter she wrote in 1960
