John Stossel’s Politically Incorrect Guide to Politics

We Don't Need Anyone to Run the World by John Stossel:

Imagine you had never seen a skating rink. I tell you, "I'm going to invite 100 people down to strap blades to their feet and race around as they like." You say, "That's insane! Someone must coordinate all those people."

Like skaters at an ice rink, we trace our way in the economy making decisions for ourselves. It works out pretty darned well. Prices help guide our way.

Most of life works by spontaneous order. It characterizes how we choose our jobs, hobbies, associates, recreation, etc. When politicians try to regulate the process, they usually make life worse.

I try to demonstrate that in my upcoming ABC TV special, "John Stossel's Politically Incorrect Guide to Politics."

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6