There are people that hate the free market. The question why more people do not hate the free market. Many people love the free market because of what in produces. Which is reason enough to love it. I am not question why people love the Free Market. It is the most democratic process, allowing even the minority to have a choice between produces and firms, even if the minority is out of favor. It also produces a life style unmatched.
But if you look at the Free Market, there is an order. You can not say there is not. It has a rhythm. It deliver on certain expectations. It doesn't not pat itself on the back(we economist have to do that). And it's trajectory is more and more freedom. It is of human action, but not human design. It is created and substantiated by GOD. Yes anything complex man makes will fall in on itself. Complexity means Negative "black Swans."[please see Black Swan by Nassim Taleb]Not only is the market complex, but the more complex it becomes the more stable it becomes, the more innovations it produces.
Many people hate the Free market, it is a wonder of GOD, I am surprise not more people do. Praise be to HIS NAME, glory abundance.
Friday, December 31, 2010
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