Don Boudreaux writing on Cafe Hayek:
Almost every one of the goods and services that are routine in modern, commercial society is the result of a long series of mostly small, individual, creative efforts to improve an existing situation — to build a better mousetrap, to find materials that make a more comfortable mattress, to engineer a marginally more reliable internal-combustion engine…Wholesale creation is easy to imagine but shockingly difficult to carry out successfully. Creative spontaneous order is difficult to imagine, but its empirical track record is outstanding.
No comments yet.