Given a society of freely choosing individuals, the market is that which exists as a consequence . . . .Let Freedom Reign, By Leonard Read, quoted in "Amoral markets versus immoral coercion." By Gary Galles, Ludwig von Mises Institute, 1/25/12.
In a word, the free market is individual desire speaking in exchange terms … When the desires of people are depraved, a free market will accommodate the depravity. And it will accommodate excellence with equal alacrity. It is "servant alike to good … and evil.”
It is because the free market serves evil as well as good that many people think they can rid society of evil by slaying this faithful, amoral servant. This is comparable to… breaking the mirror so that we won’t have to see the reflection of what we really are.
The market is but a response to — a mirror of — our desires.
Instead of cursing evil, stay out of the market for it; the evil will cease to the extent we cease patronizing it. . . .
To slay this faithful, amoral servant [with government coercions] is to blindfold, deceive, and hoodwink ourselves…denying the market is to erase the best point of reference man can have.
January 25, 2012
Mirror image.
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