… is from page 67 of W.H. Hutt’s detailed, careful, and profound 1979 study, The Keynesian Episode:
The great undiscerned truth is that the free, or competitive system is the only coordinative mechanism which is compatible with the achievement of heterogeneous ends from heterogeneous means.
DBx: Yes. And this fact is among the realities of the free market that is most disliked by socialists, industrial-policyists, and protectionists. Most of these opponents of the free market want to coerce individuals into serving, not the diverse ends of the individuals’ own choosing, but those particular ends chosen by the socialists, industrial-policyists, or protectionists.
