What the Tea Party Movement is Really About
Central planning has two primary flaws, when compared with economic freedom: it misallocates resources, and it magnifies the impact of corruption. I could write a decent-sized book explaining both of those mechanisms, but because I’ve never been busier in my life than I have been these past few weeks, I’ll cut to the conclusion.
The endpoint of central planning, if not outright failure, is a much deeper and more intractable division of society into haves and have-nots. After promising a better world for everyone, the progressives will end up creating a society that is more polarized than ever.
via What the Tea Party Movement is Really About | The New Ledger.