Friday, January 4, 2013

The Unbroken Window

The Unbroken Window: "Free-market capitalism is simply too truthful. When people freely exchange goods and services, with the rights to persons and property protected, then exchange values are predicated on public evaluations of the values provided by such goods and services. There are no intrinsic values stating that you are worth $50 per hour merely by virtue of you being you, or that your invention is worth $2.5 million merely by virtue of you creating it. And people hate the truth – just examine the fiscal cliff debates and outcome to see how far from reality people have convinced themselves to locate."

'via Blog this'

No comments: