Quotation of the Day…

by Don Boudreaux on July 7, 2021

in Crony Capitalism, Innovation

… is from page 274 of my Mercatus Center colleague Adam Thierer’s excellent 2020 book, Evasive Entrepreneurs (footnote deleted):

Rational optimists must make the case for technological change again and again because, as history has illustrated, tech critics are relentless in pushing for whatever their preferred status quo may be at any given point in time. Despite the overwhelming empirical evidence that innovation has driven remarkable improvements in human well-being, most critics and many average citizens, for whatever reason, either ignore that evidence or simply refuse to believe it.


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