Stimulus

February 17, 2009

Every so often I come across a clarifying sentence.  Here’s one on the stimulus package:

The problem is that we’re organizing ourselves to produce whatever politicians decree rather than organizing ourselves to produce what we choose to consume.

Credit to commenter Martin Brock, February 13, 2009 commenting on the Cafe Hayek post: “Greed“.

I would add, the deeper problem is that too many people believe politicians know better than us what to produce.  This belief shows up in conversations with phrases such as “give money to rich people and they’ll hoard it” or “building roads and bridges is the right thing to do”.

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