We're the Economy They Want to Manage
JANUARY 26, 2012 by SHELDON RICHMAN
In his State of the Union speech President Obama said:
Tonight, I want to . . . lay out a blueprint for an economy that’s built to last. . . .
Considering that an economy (a free one, that is) is just people engaging in exchanges for mutual benefit, it defies blueprinting, which sounds ominously like central planning. The last thing an economy needs is an architect, especially one with the legal power to use aggressive force.
Filed Under : Spontaneous Order, Central Planning