Quotation of the Day…

by Don Boudreaux on June 27, 2016

in Complexity & Emergence, Myths and Fallacies

… is from page 112 of Matt Ridley’s excellent 2015 book, The Evolution of Everything:

You will often hear people say that free markets have been discredited, as they sip cups of coffee while sitting on chairs, wearing clothes, and checking text messages – each of which was supplied by hundreds, thousands of producers whose beautifully coordinated collaboration was unplanned but achieved by ‘market forces’.


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