Sigh. From time to time, leftists get up on their high horse, and think that they can come up with a single objection to freedom which completely smashes all arguments. Today's version of that objection may be found on elementropy, where it goes:
another question unanswerable by neoliberal economists: Who is our economy for?
I'm thinking that the author is not open to new light, but let me venture to answer today's unanswerable question:
An economy is for people who trade goods and services with other people. Consequently, any interference with trade goes against the best interests of the economy. Government regulation of trade counts as interference.
Now, readers of that blog may think I'm INSANE. That's okay. 240 years ago, nobody thought a country could exist if it didn't choose a religion for its countrymen. A country without an established religion?? INSANE! Of course, we now know better (although there are some fundamentalist religionists who still disagree). In time, we will be able to convince people that freedom of trade is a civil right along with freedom of association, freedom of speech, freedom of the press, and yes, freedom of religion.
Not that I expect this one posting to change anybody's mind. It takes many drops to turn a wheel, singly none, singly none.
posted at: 04:00 | path: /economics | permanent link to this entry