How Not to Win
Most Americans seem obsessed with the idea of winning some sort of an "economic contest with the Russians." I’m not quite sure what the alleged contest is all about. and for the life of me, I can’t understand why it’s important for us to win it.
Personally, I wish the Russian people well. Nothing would please me more than to wake tomorrow and discover that the Russians had increased by 1,000 per cent the production of goods and services that the Russian people want and are willing to work for. I would be happy indeed if I were reliably informed that the Russian people could now live as families in their own homes, instead of being crowded two or three to a room in government housing projects. I would be most pleased to learn that the production of meat in communist
Most unfortunately, I see no possibility of any dramatic increase in the material level of living of the Russian people under their present system of an economy that is controlled and directed by government. Doubtless it will continue to inch up a bit in the future as it has done during the past ten years—provided there is no major war, and provided that the communist leaders continue their present policy of a surprising amount of industrial decentralization and managerial discreation. When that recent policy is combined with a strengthening of their now-realistic practice of basing each worker’s pay on his individual production—and of using free market prices for distributing many food products—I am confident that the Russian people will have more goods and services next year than they have this year. Certainly, I hope so.
But this fact remains: I cannot find even one historic example to show that a controlled economy has ever resulted in a higher level of living than a comparable free economy over a significant period of time. Thus, it is clear to me that all we need worry about in this area is the regaining of the free market here at home, instead of further destroying it in a misguided effort to win a pointless statistical race with a controlled economy abroad.
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Ideas on
If They Please
There can be no prescription old enough to supersede the law of nature, and the grant of God almighty, who has given to all men a natural right to be free, and they have it ordinarily in their power to make themselves so, if they please.
JAMES OTIS, "Rights of the British Colonists Asserted and Proved," 1764.









