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> This is what government is for, and not to stifle innovation We should compare how anti-government politicians talk versus how trained, educated neoclassical
by xpe 1y ago
> This is what government is for, and not to stifle innovation
We should compare how anti-government politicians talk versus how trained, educated neoclassical economists talk. The latter readily recognize that a valid function of government is to steer, shape, and yes, regulate markets to some degree. This is why we don’t have (for example) legal, open markets for murder.
Markets do not define human values; they are a coordination mechanism given a diverse set of values.