Tuesday, August 14, 2012

Definition Of An Unhampered Market Economy.

An unhampered market economy is one where everyone recognizes that human knowledge is finite and cannot comprehend the nearly infinite nature of the market process. This recognition translates into the understanding that all intervention corrupts the process because it is necessarily arbitrary and shortsighted.

Only those who are ego-driven can have the arrogance to pretend that they know what is best, but in the future these scoundrels will be rejected because of their ignorance of reality and because of their selfish intentions.

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