AF-Dallas: The Magic of Markets and the Failures of Central Planning

Join AIER’s Bastiat Society program in Dallas in partnership with the Dallas chapter of America’s Future Foundation for an in-person event with Meg Tuszynski, Assistant Director of the Bridwell Institute for Economic Freedom, on the topic of markets in response to Coronavirus.

The appearance of the novel Coronavirus exposed some definite weaknesses in various worldwide supply chains, resulting in shortages of everything from toilet paper to prescription drugs. This led many to suggest that markets are especially vulnerable in times of crisis. The clear implication for some was that governments can – and should – play a stronger role in managing the economy during the current time of economic distress.

According to Meg Tuszynski, while the appearance of Coronavirus did reveal some supply chain sensitivities, this episode also revealed just how amazing markets can be. It also revealed the serious problems that can emerge when governments try to encourage centrally-planned solutions. Markets are not especially vulnerable in crisis times; rather, markets allow solutions to emerge that the best planners could not possibly predict.

Please note that Dallas County requires the use of face masks by all business employees and visitors.

Register here to attend.