Saturday, August 1, 2015

The Beauty and Glory of Spontaneous Orders

Even if, from the God's-eye point of view, every human being is a hopeless illiterate, every natural language is nonetheless a masterpiece of literary and rhetorical art. Even if, from the God's-eye point of view, every merchant is an inveterate philistine, money is nonetheless one of the greatest tools for sophisticated social cooperation. Even if, from the God's-eye point of view, every entrepreneur is an incorrigible fool, the free market is nonetheless the greatest source of practical financial wisdom. That's the beauty and glory of spontaneous orders in a nutshell.

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