Friedrich-Naumann-Stiftung für die Freiheit - Concepts of Liberty [Druckversion]
Concepts of Liberty
Competition
Competition as a fundamental principle of evolution and discovery is part of our nature: from butterflies competing for the best spot in the sun to people competing for the Pulitzer Prize and for Olympic medals. Limited resources given, competition in open systems makes possible a maximum of trial-and-error processes to find optimal routes of evolution of species. In a market economy, competition on open markets, guaranteed by its legal and institutional framework, improves chances to discover renewable sources and use them according to their opportunity costs e.g.; competition helps to promote best educational systems and spread the constitution of liberty.
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