Obama’s blind spot: the spontaneous order of the market

Ever since Barack Obama gave the speech for which he’ll be more quoted than anything else, people have been analyzing it. Here, Professor Sandy Ikeda weighs in, arguing that Obama’s great blind spot is that he doesn’t understand spontaneous order. Ikeda writes, “So who created the underlying order that politicians and bureaucrats want to control? The answer is — nobody.  A free society is one in which people respect private property, freely associate, and do not tolerate legal privilege or persecution. Under those conditions, the free market is what happens when you just leave people alone.”

Too bad that Obama and vast numbers of people like him refuse to leave people alone and insist that government tell them what they must or must not do.

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