Tag Archives: consumer protection

Quote of the Day – Alan Greenspan on the Hallmark of Collectivists

Yet another quote from Ayn Rand’s “Capitalism: The Unknown Ideal,” also from Alan Greenspan’s essay “The Assault on Integrity,” I cannot help but think of Mayor Bloomberg and his various attempts at “protecting” consumers, whether it be from saturated fats, sugary drinks (some of them any way), or lack of exercise (by passing a law “encouraging” the use of stairs).

The hallmark of collectivists is their deep-rooted distrust of freedom read more

Quote of the Day – Alan Greenspan on “Consumer Protection”

Here is another of the many quotes I accumulated while reading Ayn Rand’s “Capitalism: The Unknown Ideal.”  This particular quote is from Alan Greenspan’s essay “The Assualt on Integrity.”   While this was originally written in 1963, it is still applicable today.  Anytime you hear that the government is regulating companies in order to “protect consumers” you should think of this quote and then ask yourself if you are truly better off.

The attempt read more