FREE WHITEWATER

Markets and (Bathroom) Scales

Over at the Christian Science Monitor, the Mises Economics Blog quotes P.J. O’Rourke:

The free market is not an ideology or a creed or something we’re supposed to take on faith, it’s a measurement. It’s a bathroom scale. I may hate what I see when I step on the bathroom scale, but I can’t pass a law saying I weigh 160 pounds. Authoritarian governments think they can pass that law – a law to change the measurement of things.

Well said.

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