http://mises.org/story/1895This idea is a very important part to what I advocate of capitalism. I found it to be a very well-written article.
from the article:
First. A simple but powerful argument goes as follows. Each person acts in order to improve his condition prior to the act. If a person freely chooses among his available perceived opportunities, the expected improvement is as great as it can possibly be. In particular, if others impose constraints upon his choices, the person is worse off because such constraints foreclose choosing some acts of betterment that might otherwise have been selected. Better to choose from 50 available opportunities than to be forced to choose from 20 of these 50. With freedom, one might have chosen one of the 30 that have been eliminated.
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