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Keyword: leonardread
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A Commie Christmas Gift
A Commie Christmas Gift December 23, 2003 Christmas this year is brightened by the news that nominally Communist China has taken a big step toward enshrining private property rights in its constitution. For some reason it reminds me of a Christmas story told by the late Leonard Read, a champion of property rights and market economics. One year, on the day before Christmas, Read greeted his heavily laden mailman and asked him how he was doing. The man groaned, “Worst day we’ve ever had!” Later that day Read went to a local store for a bit of last-minute shopping. It...
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