Thursday, May 8, 2014

On Why Free Markets are Vastly Superior to Central Command/Socialism

a) Because knowledge dispersed is better than knowledge concentrated. b) Because power dispersed is better than power concentrated. c) Because unencumbered markets are better than cronyism. d) Because millions of individual experiments are better than one enormous experiment. e) Because people spending their own money is better than governments spending other people's money.

1 comment:

dmarks said...

They are simply vastly superior because in free markets, the average person decides. and in socialism, only the powerful have a say.