korrents

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Economists should often back the free market despite its defects, since democracy does worse

Drawn from what Bryan Caplan said

What these subjects mean

economists The economists themselves and the schools they founded -- Smith, Mill, Keynes, Hayek, Friedman -- rather than any one economic question.

democracy Elections, the losers accepting them, and the rules that keep power answerable to voters.

What Bryan Caplan actually said

  1. Bryan Caplan
    In many cases, economists should embrace the free market in spite of its defects, because it still outshines the democratic alternative.

Added to korrents 1 Nov 2026 · How quotes work · Something wrong? Tell us

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