THOUSANDS OF FREE BLOGGER TEMPLATES

LLR Pages

Tuesday, July 31, 2007

Need and Public Policy: Handle with Care

The Foundation for Economic Education's very own Gary M. Galles writes:

"Need" implies agreement on what and how extensive it is. However, needs are in the eye of the beholder, and their perceived extent varies dramatically from person to person. (How much of X does one need?) When we don’t agree on the extent, using the word "need" masks that disagreement. It implies that the beneficiaries' view is the relevant one, even when they are unwilling to offer enough to attract volunteers to supply their needs in the market. The often-different views of those forced to finance those needs are dismissed as irrelevant.


(Thanks goes to FEE for providing these articles online free of charge.)

0 comments: