A defining characteristic of this economy that produces such enormous abundance for us all (and yes, despite the current downturn, it continues to produce prodigiously) is that no one is "in control." Indeed, no one could possibly be "in control." A far greater danger to Americans' prosperity than a President with a poor speaking style and a penchant for standard-fare political shenanigans is the spread of the belief that economic salvation lies in having someone "in control."
Don Boudreaux, at Cafe Hayek
Monday, March 17, 2008
Who's in Control?
Posted by Ben Asa Rast at 7:40 AM
Labels: Social Theory
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