Friday, March 20, 2009

Is Greed Still Good?

Why do people still think the interaction of free individuals is a superior economic system to one directed by Harvard Ph.D.s like us? I mean, apart from the failure of central planning in every case in which it’s been tried, a failure so staggering that only a blockhead could miss it, why would people cling to the idea that being herded into a collective run by the experts isn’t the best way to live?
-Supporters of Capitalism Are Crazy, Says Harvard. Mises Daily by

Personally I agree, government should interfere less. The reason businesses and banks go broke is because their business model doesn't work, or the government has changed the rules.