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Quote from Dr. Lawrence W. Reed,

"When the socialist economies of Eastern Europe disintegrated, the cause was evident to nearly everyone: the stifling directives of central planning had all but obliterated individual initiative and accountability. The cure was just as obvious: a healthy dose of entrepreneurship and private enterprise."


Dr. Lawrence W. Reed (more quotes by Dr. Lawrence W. Reed or books by/about Dr. Lawrence W. Reed)

(1953-) President of the Foundation for Economic Education, economist, author


One size doesn’t fit all, Why not teachers as entrepreneurs?, THE NEW AMERICAN, p. 8, January 31, 1996.


Centralization, Individualism, Responsibility, Socialism


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