The Economics of Caring vs. Uncaring by Walter E. Williams скачать в хорошем качестве

The Economics of Caring vs. Uncaring by Walter E. Williams

In his sharp 2006 essay "Caring vs. Uncaring," economist Walter E. Williams challenges the common assumption that altruism and government-led "compassion" are the primary drivers of human progress and satisfaction. Quoting George Orwell on the value of restating the obvious, Williams argues that self-interest channeled through free markets and profit motives has delivered far more tangible benefits to humanity—from abundant food and consumer goods to technological innovations—than charitable efforts or well-intentioned but inefficient public programs ever could. He contrasts the reliable service of profit-driven sectors (like supermarkets and tech companies) with the frequent frustrations of "caring" bureaucracies (public schools, DMVs, and transit), making a classic case for why voluntary exchange often outperforms forced redistribution. Full article link: https://capitalismmagazine.com/2006/0...