Epic Takedown Of “You Didn’t Build That”
Over at Cafe Hayek is a must read takedown of the entire “YOU DIDN’T BUILD THAT!” charge.
Don Boudreaux lays out a cohesive, detailed, and very compelling case against the entire mentality behind “you didn’t build that.” In one sense, the charge is true. Whether public or private, the infrastructure and the products of an entire worldwide market in goods and services is a key enabler to allow entrepreneurs to be successful. This includes things like government roads, education systems, etc. This is true, and not really a point of argument.
But the “you didn’t build that” charge takes it one step further and places the credit for successful entrepreneurship at the feet of all that infrastructure. If this were the case, entrepreneurship would be easy. But it’s not. It’s what entrepreneurs do to create value above and beyond all that infrastructure that makes them successful. And that’s a story that isn’t well-written anywhere–until now.
I try to set a high bar for linking off-site, since I so rarely post. I do it when I see something that really deserves a read, and this post cleared that bar easily.