http://www.townhall.com/columnists/WalterEWilliams/2007/07/18/economists_on_the_loose
Economists on the Loose
By Walter E. Williams
Wednesday, July 18, 2007
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Free markets are simply millions upon millions of individual decision-makers, engaged in peaceable, voluntary exchange pursuing what they see in their best interests. People who denounce the free market and voluntary exchange, and are for control and coercion, believe they have more intelligence and superior wisdom to the masses. What’s more, they believe they’ve been ordained to forcibly impose that wisdom on the rest of us. Of course, they have what they consider good reasons for doing so, but every tyrant that has ever existed has had what he believed were good reasons for restricting the liberty of others.
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Professor Williams really nails this one single point. Ordained by whom to enforce their wisdom? Love it. You might be right that I “should” do X, Y, or Z. But under what system of morality do you get the right to force me? Ahh yes, you have to love them elites.
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