Market Prices Versus “Make It So”
Mark J. Perry alerts us to a great quote from P.J. O’Rourke:
“The free market is not an ideology or a creed or something we’re supposed to take on faith, it’s a measurement. It’s a bathroom scale. I may hate what I see when I step on the bathroom scale, but I can’t pass a law saying I weigh 160 pounds. Authoritarian governments think they can pass that law—a law to change the measurement of things.”
Perry then compares this to a minimum wage law: