Quotation of the Day…

by Don Boudreaux on June 10, 2016

in Complexity & Emergence, Seen and Unseen

is from page 150 of Gerard Casey’s review of GMU Econ alum Edward Stringham’s 2015 book, Private Governance: Creating Order in Economic and Social Life:

The trouble with centralism is not just that it fails to solve all our problems but that, apart from creating the illusion that all problems are soluble (and often imposing astonishingly high costs on its alleged beneficiaries), it either hampers or crowds out private-governance strategies that actually do work.


Add a Comment    Share Share    Print    Email

Previous post:

Next post: