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The Moral Superiority Of Free Markets

August 23, 2014
Daniel McLaughlin , Post-Journal

The age-old battle rages on about the failures of markets and the necessity of government regulation. It seems to me that the argument persists simply because free markets and their participants are held up to the harsh light of reality and compared with visions of Utopian perfection, while government actions and politicians are held up to the gentle glow of warm, fuzzy feelings. As long as politicians use the right rhetoric to show just how sincere they are in their good intentions or moral indignation, results don't matter.



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