I was away with family for four days just this weekend. We rented a home near
Economic liberalism [Free-market capitalism] is opposed, however, to competition’s being supplanted by inferior methods of coordinating individual efforts. And it regards competition as superior not only because it is in most circumstances the most efficient method known but even more because it is the only method by which our activities can be adjusted to each other without coercive or arbitrary intervention of authority.
It seems that the events of the last several months have moved us away from freer markets and to more government oversight and planning. How long before we see the “unintended consequences” of these actions?