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Federal regulations alone are estimated to cost Americans more than $600 billion yearly. We pay government in lives shortened or lost because of delays in new drug approvals. Because of a raft of restrictive barriers to enterprise, we pay for government in terms of businesses stymied or never started and jobs never created. A government education monopoly that often fails to educate exacts a terrible price by stunting careers and squandering immense human potential. One cost of government that can’t be reckoned in dollars and cents—a diminution of the individual’s basic freedom to act and speak on his own—has been deemed important enough to spark a revolution from time to time.
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
There’s More to Government Than You Think, The Freeman, April 1997, P. 195