Friday, March 21, 2014

Planners Hate Spontaneous Order

"Be spontaneous."
--Bruce Lee (No Retreat, No Surrender)

It is straightforward to speculate why so many people, particularly those born with the 'control gene,' are uncomfortable with the idea of free markets. Free markets consist of individuals engaging in production and trade to further their interests. This exchange is voluntary, and there is no aggressive intervention that impairs trade.

The direction that such trade takes is dynamic and unpredictable. What is predictable is that this voluntary cooperation will create a spontaneous order that, when viewed from above, is more efficient, innovative, and robust than could ever be devised by central planners. Leonard Read's classic "I, Pencil" marvelously demonstrates this concept.

Herein lies the rub for the control freaks. The path that free markets take cannot be predicted nor controlled. Moreover, the uncontrolled environments of free markets foster configurations that are more effective and more adaptive than those designed by bureaucrats.

This bothers those inclined to rule and control to no end.

1 comment:

dgeorge12358 said...

Life is a series of natural and spontaneous changes. Don't resist them - that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like.
~Lao Tzu