Source: Bet On It
by Bryan Caplan
“Bryan: The general pattern: Popular arguments attack markets for being cost-conscious, consumer-conscious, and risk-conscious. Sam: [nodding] All of which you would call ‘good things that sound bad?’ Bryan: Exactly. If we listened to anti-market activists, we’d live in dire poverty. The ugly truth: When you ignore costs, ignore consumers, and ignore risk, you make inane decisions. Putting a price on human life really is part of a life well-lived.” (06/10/25)
https://www.betonit.ai/p/markets-do-the-good-things-that-sound