“We’ve seen huge growth in private education, private security and private medical industries in recent years, without which we would have seen rapidly declining living standards of South Africans. In a micro sense this inefficient and disorganized state leaves the space for quite a lot of personal liberty and allows people to get on with things outside of government control. With this strong central planning and regulatory ethos, if the government could actually follow through with its grand plans, South Africa would be a very unfree place. I call it ‘dangerous efficiency.'”

http://www.thedailybell.com/29265/Anthony-Wile-Chris-Beckers-Austrian-Perspective-on-South-Africa-Gold-and-the-Ludwig-von-Mises-Institute

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy