Quotulatiousness

August 13, 2015

QotD: Libertarianism

Filed under: Government, Liberty, Quotations — Tags: — Nicholas @ 01:00

Libertarianism is not the claim that individuals are always rational, or that markets are always efficient, or that the distribution of income under laissez-faire capitalism is always “fair.” Rather, it is the claim that, despite the imperfections of private arrangements, government interventions usually make things worse. Thus, non-intervention is the better policy.

Jeffrey Miron, “A case for the libertarian: Neither liberals nor conservatives recognize their inconsistencies”, Washington Times, 2014-07-17.

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