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Freedom threatens to degenerate into arbitrariness unless it is balanced by responsibleness
Speaker: Victor FranklPosted: 14 Nov 2011 at 2:16 PMComments: None... Be the first to comment!
Freedom threatens to degenerate into arbitrariness unless it is balanced by responsibleness
[The] great embarrassing fact that haunts all attempts to represent the market as the highest form of human freedom: that historically, impersonal, commercial markets originate in theft. More than anything else, the endless recitation of the myth of barter, employed much like an incantation, is the economists’ way of fending off any possibility of having to confront it.