Ocupation: Writer
Life: b. November 29, 1939
Birthday: November 29
Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities.
source: George Gilder (2013). “Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World”, p.246, Regnery Publishing
topic: Real, Opportunity, Risk, Insurance Policy, National Economy