Accomplishment Quote by Leonard Read
“I can remember the time when, if we wanted a house or housing, we relied on private enterprise. In fact, Americans built more square feet of housing per person than any other country on the face of the earth. Despite that remarkable accomplishment, more and more people are coming to believe that the only way we can have adequate housing is to use government to take the earnings from some and give these earnings, in the form of housing, to others.”
About This Quote
Source Speech: The Freeman Institute, 1965
The quote critiques the shift from private‑sector housing provision to government redistribution, arguing that market‑driven construction was historically more productive.
In simple terms: Private building outperformed government housing.
Consider the role of markets versus redistribution.
Themes
Mood
Type
When to use this quote
- urban planning
- policy debates
- affordable housing initiatives
- taxation discussions
Key Concepts
Questions to Reflect On
- Is market competition the best way to ensure affordable housing?
- What are the trade‑offs of redistributive housing policies?
Government intervention can create inefficiencies and reduce incentives for innovation.