Libertarians

I triggered an interesting thread at Unfogged today, wherein I get the commentariat there (mostly liberals) to give their various opinions on Libertarianism by expressing puzzlement at the animosity between the two groups, since in my limited experience they don’t see to be all that much opposed. I have quite little to say there, except for this:

Private enterprise leads to perverse incentives. So does government. Those incentives affect different kinds of services and products differently, such that for some things government will be largely free of perverse incentives and private enterprise full of them, and for others it’s vice versa. Deciding which incentives apply in which situations, and which are better and worse, is a matter for careful analysis, and it’s terribly unlikely that any blanket statements can be made.

Can’t everyone agree to that?

Words of wisdom.



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