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Consumers in Charge

Yesterday I wrote the government should let "consumers decide for themselves where they should spend their own money."  Why should this be done?  Because consumers control the economy.  They are in charge and decide which producers should succeed and which should fail based on the decisions of individual consumers.  There is an excellent discussion of this concept at Carpe Diem today.  This is another example of basic economics and economic rules based on human action. Government intervention will only impede this process - not help it.

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