question archive According to economist Donald Boudreaux, the world's tens of billions of individual resources get arranged productively: because people tend to be creative and orderly
According to economist Donald Boudreaux, the world's tens of billions of individual resources get arranged productively: because people tend to be creative and orderly
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According to economist Donald Boudreaux, the world's tens of billions of individual resources get arranged productively:
because people tend to be creative and orderly.
because private property encourages people to consider the alternative uses of their resources and select those that provide the most rewards
through random trial and error.
because government has become highly effective at central planning.
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Answer : because private property encourages people to consider the alternative uses of their resources and select those that provide the most rewards . According to him private property will eliminate the possibility that resources arrangement will be random . Private property always urges for the best possible outcome with maximum efficiency .
