Free market-soundy

May 9, 2008 – 11:43 am by murraymises

The Filter makes an important point about rhetoric and how clever economists make “innuendo towards government” but use “words that might also imply laissez-faire.”

This tendency is even worse among conservative think tanks. If I hear one more “market-based” solution or “public/private” partnership, my head will explode. Something is either left to the free market or government is involved, it cannot be “based” on the market -the socialists/communists big claim was that the government could use scientific and mathematical methods to replicate market movements. How is basing public policy on the market any different?

A public/private partnership is little more than corporativism or fascism-light.

Of course, the Heritage Foundation coming out with a policy paper titled “A Fascist-Light Proposal for fixing Social Security” probably wouldn’t win it too many friends, but at least it would be honest.

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