Ming the Mechanic:
A Free Market

The NewsLog of Flemming Funch
 A Free Market2002-12-29 23:59
2 comments
picture by Flemming Funch

"The advantage of a free market is that it allows millions of decision-makers to respond individually to freely determined prices, allocating resources – labor, capital and human ingenuity – in a manner that can’t be mimicked by a central plan, however brilliant the central planner." --Freidrich von Hayek

Sounds terrific. I hope to see one some day.



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2 comments

30 Dec 2002 @ 05:54 by neolux : we had a free market,
but it had to be modified by anti- trust laws. Greedy types like u.s. steel screwed it up for us. I'm not sure i want a totally free market anyway.attaining a balance between a totally laisez- faire system and one over burdened by government, now thats the trick.  


30 Dec 2002 @ 11:52 by sharie : billions in advertising...
tweeks the consumers' grasp on what's the best products.  


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