Quote of the Day: Don Lavoie

From page 16 of economist Don Lavoie’s National Economic Planning: What Is Left?:

…what is wrong with these policy debates is precisely that they do not dare to be utopian enough. That is, they confine their attention to minor modifications in the establishd and badly rusted out political machinery instead of trying to imagine the substitution of a fundamentally different approach altogether. What is needed is a radical perspective, both in addition to a scientific perspective and as a logical consequence of it. We need to locate the root cause of the social maladies we have endured and stop combating their symptoms.

Author: Nick Freiling

Founder/Director of PeopleFish. I write on technology, market research and economics. Bylines at Startup Grind, FEE, the American Enterprise Institute and the Mises Institute.

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