Who Needs What?

by | Dec 22, 2024

Who Needs What?

by | Dec 22, 2024

“[I]t is evident … that the man, who first made himself clothes and built himself a cabin, supplied himself with things which he did not much want, since he had lived without them till then; and why should he not have been able to support in his riper years, the same kind of life, which he had supported from his infancy?”

—Jean-Jacques Rousseau, Discourse on Equality

“Under laissez faire, says the planner, it is not those goods which people ‘really’ need that are produced, but those goods from the sale of which the highest returns are expected. It is the objective of planning to direct production toward the satisfaction of the ‘true’ needs. But who is to decide what the ‘true’ needs are?”

—Ludwig von Mises, Human Action

Sheldon Richman

Sheldon Richman

Sheldon Richman is the executive editor of The Libertarian Institute and a contributing editor at Antiwar.com. He is the former senior editor at the Cato Institute and Institute for Humane Studies; former editor of The Freeman, published by the Foundation for Economic Education; and former vice president at the Future of Freedom Foundation. His latest books are Coming to Palestine and What Social Animals Owe to Each Other.

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