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Libertarianism.(Letter to the editor)
In a September 18, 2006 letter to the editor, reader Randy Miehls comments that "conservatives" and libertarians agree on the free-market approach to government.
Allow me to clarify. Economic freedom has proven itself to be the most efficient method of dispensing scarce resources. Government intervention and meddling in the economic market limit choices, criminalize peaceful exchanges, and require further meddling. Market corrections are made in a free market through the millions of decisions made by consumers every day. Efficiency is rewarded with profitability. I believe that this is what we agree on.
Mr. Miehls realizes that economic problems are self-correcting, yet somehow he does not believe that social or moral areas are self-correcting. He demands moral guidance in the form of vice laws. Would not the moral free market also contain the same type of automatic corrections as the economic free market? Is not life itself a scarce resource to be spent at the ...
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Source: HighBeam Research, Libertarianism.(Letter to the editor)