Dr. Lawrence W. Reed Quote

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."

By:

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

Source:

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

Categories:

Centralization, Individualism, Responsibility, Socialism

Rating:

By:	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
Source:	One size doesn’t fit all, Why not teachers as entrepreneurs?, THE NEW AMERICAN, p. 8, January 31, 1996.
Categories:	Centralization, Individualism, Responsibility, Socialism
Rating: