The Sidney Sun-Telegraph - Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper

By Steve Erdman
Neb. 47th District 

Straight Talk From Steve

Economics

 

There is a necessary connection between economics and a republican form of government which gives rise to individual liberty. Whenever you alter either a constitutional republic or an economic system, the result is the loss of liberty. Milton Friedman understood this correlation very well when he said, “…a society which is socialist cannot also be democratic, in the sense of guaranteeing individual freedom.”

Capitalism is an economic system designed for a free people. Capitalism puts an individual in the driver’s seat of his or her own prosperity. This is true economic freedo...



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