The economic freedom which is the prerequisite of any other freedom cannot be obtained only by relieving the individual at the same time of necessity and of the power of choice; it must be the freedom of our economic activity which, with the right of choice, inevitably also carries the risk and the responsibility of that right.We are not being taught new lessons.
Monday, February 23, 2009
Atlas' Itchy Shoulders
Well, color me surprised. It seems I was being optimistic with my earlier prediction of a 7250 close today. The market didn't close at 7250, it lost 250 and closed at 7114.78, the lowest level since May 1997. And with that continuing proof of his wisdom, here's a little Hayek for your edification:
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