Tag: Driving Metaphor for Free-Markets

  • A Driving Metaphor for Free-Markets

    The following is from a lecture given by economic educator Paul Heyne at Montana State University in 1982. (Chapter 3, "Income and Ethics in the Market System," in "Are Economists Basically Immoral?" and Other Essays on Economics, Ethics, and Religion by Paul Heyne.) It offers a fascinating metaphor for the free-market economy. Radical Individualism It's…