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    This site is about libertarian ideas, politics, economics, government, freedom, property rights, entrepreneurship, innovation, objectivty and other such stuff important to humans. I uphold libertarian principles and believe wholeheartedly in minimal government, or no government if it would work -- this blog explains why.

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    « Liberals backed in corner | Main | More on welfare »
    Tuesday
    Aug312010

    What some people can't understand about a free market

    As soon as you propose turning certain responsibilities we've given the State over to the free market, people want a 200o page bill outlining the plan -- you know, like they do in government, the plans that never turn out as they are written.

    What they can't understand is the purpose of turning it over to the free market is because the free market results come from interplay, flexibility, creativity, innovation. There's a problem to solve, a need, and then there's a response to the need, usually from many competitive sources. The original direction to solve the problem could change 4 times before lunch. Feedback is received and directions change if needed, and they change quickly in nimble companies, which to survive in the free market, a company has to be nimble and responsive. The way the free market works is totally different than how government works.

    Goevernment develops a program to deal with a problem, then the program managers do the same thing over and over even if it's failing, and if it's failing, the answer is more funding.

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