December 4, 2010

Innovation Rules, Not Capitalism

[From article]
"the great economist Frederic Bastiat: "Nothing is more senseless than to base so many expectations on the state, that is, to assume the existence of collective wisdom and foresight after taking for granted the existence of individual imbecility and improvidence."

http://www.nypost.com/p/news/opinion/opedcolumnists/the_miracle_of_bourgeois_dignity_FUPuWB66t9hctzkSusYzPJ

The miracle of Bourgeois Dignity
Rich Lowry
New York Post
Last Updated: 4:13 AM, December 4, 2010
Posted: 10:47 PM, December 3, 2010

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