Published Friday, July 25, 2008 by Henry Hazlitt
Insofar as austerity has been imposed on the whole British people, it consists in refusing to permit either consumers or producers freedom of choice. The consumer is not free to spend his money on things he himself wants but only on things government officials think are good for him. The producer is not free to make what he wishes but only what government officials think is good for the country.
(Original Text)
England vs. the Price System (1,020.00 KB)