Government makes us poor

Published October 4, 2011 4:00am ET



Here’s my fantasy: Libertarians are elected to the presidency and to majorities in Congress. What would happen next? Well, if libertarians were “in charge,” you’d have more freedom and prosperity.

Freedom frightens some people. They say if no one is in charge there would be chaos. That is intuitive, but think about a skating rink. Before rinks were invented, if you proposed an amusement in which people strap blades to their feet and skate around on ice at whatever speeds they wish, you’d have been called crazy. There’s got to be speed limits, stoplights, turn signals. But we know that people navigate rinks safely on their own. They create their own order, with only minimal rules.

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