Posted by
The Proud Liberal on Thursday, February 28, 2008 10:12:56 AM
Free market theory says that all participants will make rational, i.e., not emotional, decisions that will maximize their individual best interests. Therefore, free market theory says that liberals make rational decisions.
On the other hand conservatives consistently allege that liberals make emotional, i.e. non-rational, decisions. If conservatives are correct then free market theory is invalid.
Although it is tempting to have it both ways it is logically impossible. Either free market theory is correct and liberals make rational decisions or conservatives are right and liberals make emotional decisions. But both cannot be right.
A liberal's choice of government entitlements such as social security and medicare are legitimate choices. The free market cannot proscribe individuals from making rational choices to choose something other than the free market.