What’s really at issue is a matter of history, causality, and faith. Do we owe our high standard of living to the market or the state? That is the question. The interventionists and statists credit the state because they get their causal connections mixed up (and this is because they have not studied economics) and they take a leap of faith to credit the government for things it cannot possibly do. The state from the ancient world to the present has created nothing. It has only taken. The market, on the other hand, delivers more miracles every day than we can count. This isn’t dogma; the evidence is so overwhelming that it takes a leap of faith to believe otherwise. [Full article]
A Little Chaff With My Wheat, Please
