Obama’s economic planning: This should be interesting… and painful.
Obama and his administration apparently think they can successfully plan the economy. Of course, this is impossible. A healthy economy is a self-organizing process, the result of unthinkable numbers of interactions among individuals acting in their own self-interest. Oh, they can certainly plan an economy, but not a healthy one. It is nothing short of arrogance to imagine that a person or group of persons could plan such a thing. It’s like thinking we can plan the ecology of the planet, or the weather, only it’s even more ridiculous than those examples, since we’re working here with autonomous, free individuals. It is impossible and arrogant, but it will be interesting to watch them try. It would probably even be funny… if it were not painful.
This entry was posted on February 24, 2009 at 3:49 pm and is filed under money, politics, socialism with tags bailouts, economy, financial crisis, liberty, money, mortgage relief, news, obama, politics, socialism, stimulus, thoughts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.