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Lawrence W. Reed

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Thatcher.jpg

Thatcher on Socialism

September 18, 2018

“Increasingly, inexorably, the State the Socialists have created is becoming more random in the economic and social justice it seeks to dispense, more suffocating in its effect on human aspirations and initiative, more politically selective in its defense of the rights of its citizens, more gargantuan in its appetite—and more disastrously incompetent in its performance. Above all, it poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can't have one without the other. You can't lose one without losing the other” — Margaret Thatcher in her March 20, 1976 speech, The Historic Choice.

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Recent “Best of Web”

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Minnesotans Escape to Somalia
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Minnesotans Escape to Somalia
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Fleeing Minneapolis for Mogadishu.

Jan 26, 2026
The End of the Climate Cult
Dec 4, 2025
The End of the Climate Cult
Dec 4, 2025

The climatastrophe has been a terrible mistake. It diverted attention from real environmental problems, cost a fortune, impoverished consumers, perpetuated poverty, frightened young people into infertility, wasted years of our time, undermined democracy and corrupted science. Time to bury the parrot — Matt Ridley.


Dec 4, 2025
Government Shutdown Exposed the Biggest Lie in Education
Oct 31, 2025
Government Shutdown Exposed the Biggest Lie in Education
Oct 31, 2025

“For decades, teachers unions and the liberal allies they bankroll in D.C. have told the American people that without the federal bureaucracy, education would crumble,” writes Ryan Walters.

Oct 31, 2025

Recent Quotes

Featured
Murphy on America
Feb 11, 2025
Murphy on America
Feb 11, 2025

“The true meaning of America, you ask? It’s in a Texas rodeo, in a policeman’s badge, in the sound of laughing children, in a political rally, in a newspaper. ... In all these things, and many more, you’ll find America. In all these things, you’ll find freedom. And freedom is what America means to the world. And to me” — Actor, poet, and the most decorated American of World War II, Audie Murphy.

Feb 11, 2025
Mill on Freedom
Feb 1, 2025
Mill on Freedom
Feb 1, 2025

“The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental and spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves than by compelling each to live as seems good to the rest.”

Feb 1, 2025
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
Mar 20, 2023
Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders
Mar 20, 2023

“There’s nothing more frightening than a half-baked do-gooder who knows nothing of the world but takes it upon himself to tell the world what’s good for it — from his book, Musashi.

Mar 20, 2023

Recent Blogs

Featured
A Very Old Racket
Jan 27, 2026
A Very Old Racket
Jan 27, 2026

Historians generally posit that the Roman welfare state appeared in the last century of the old Republic, beginning with grain subsidies in 123 B.C. But the racket is even older than that, by at least 300 years. Photo credit: Douglas Rissing via iStock.

Jan 27, 2026
China's Past Through a Lens of Liberty
Jan 27, 2026
China's Past Through a Lens of Liberty
Jan 27, 2026

A new, free eBook from FEE. On Chinese history from a liberty perspective by Lawrence W. Reed and Katrina Gulliver.

Jan 27, 2026
When America Bought Land From Denmark
Jan 16, 2026
When America Bought Land From Denmark
Jan 16, 2026

The U.S. never threatened or bullied Denmark before it peacefully purchased the Danish West Indies more than a century ago.

Jan 16, 2026