On not doing nothing

posted by
May 5, 2011
Foundation for Economic Education
by Steven Horwitz  
Posted in Commentary

"It’s not that we want to do nothing. Rather we want many people to respond rather than 'the few' who would direct resources in any government response.  There are two ways of reading this.  In the video the most plausible interpretation, especially given another line contrasting the 'entrepreneurship' of the market with the 'central plan' of stimulus spending, is that we need to free up markets so that individuals, households, and small businesses can get on with the work of creating valuable employment and the products people want." (05/05/11)


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