Quote by Lee R. Raymond

A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.

A free economy is as essential to society as democratic poli

Summary

This quote highlights the significance of a free economy in society, likening it to the importance of a democratic political system. It suggests that a strong market-based economy provides the necessary conditions for democratic freedoms to thrive. Just as democratic institutions safeguard individual rights and freedoms in the political realm, a free economy is seen as the fertile ground that fosters and supports these freedoms in society. The quote implies that a free economy and democratic institutions go hand in hand, playing integral roles in creating a conducive environment for societal development and personal liberties.

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By Lee R. Raymond

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