What private property does is connect effort to reward, cre… - John Stossel

" "
What private property does is connect effort to reward, creating an incentive for people to produce more. Then, if there's a free market, people will trade their surpluses to each other for the things they lack. Mutual exchange for mutual benefit makes the community richer.

John Stossel

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

About John Stossel

John Frank Stossel (born March 6, 1947) is an American consumer television personality, author, and libertarian pundit, known for his career on both ABC News and Fox Business Channel.

Also Known As

Birth Name: John Frank Stossel

All quotes from John Stossel Similar Quotes by other Originators

Originators like John Stossel:

Milton Friedman George Soros Joseph E. Stiglitz Mary Ruwart Ha-Joon Chang

Additional quotes by John Stossel

I'm a little embarrassed about how long it took me to see the folly of most government intervention. It was probably 15 years before I really woke up to the fact that almost everything government attempts to do, it makes worse.

I started out by viewing the marketplace as a cruel place, where you need intervention by government and lawyers to protect people. But after watching the regulators work, I have come to believe that markets are magical and the best protectors of the consumer. It is my job to explain the beauties of the free market.

I love Wikipedia. I donated thousands of dollars to the Wikimedia Foundation.

What private property does is connect effort to reward, creating an incentive for people to produce more. Then, if there's a free market, people will… - John Stossel

About John Stossel

Also Known As

Enhance Your Quote Experience

Additional quotes by John Stossel

Advanced Search Filters