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Washington TimesMr. Novak deserves credit for alerting us to what I call 'America's Other Democracy'—a giant endless plebiscite in which consumers vote not every other year but daily, frequently, directly, scrupulously, a democracy disciplining producers everywhere to toe the mark, a democracy meriting the observation of Milton Friedman bearing on the state that nobody spends other people's money as carefully as he spends his own. Ludwig Mises called the process 'consumer sovereignty.' Michael Novak, a man who makes you think, calls it, simply, 'democratic capitalism.'
— William H. Peterson