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A comment on Bringing back the Somali shilling. Parent comment
There are levels of insight here.
1. Free markets create wealth and make everyone better off. Go libertarianism!
2. Economics shows the are market failures in the real world. Go socialism!
3. Public Choice theory shows there are major government failures in the real world. Go...?
Once at level 3, reasonable people can disagree in what cases imperfect real markets are superior to imperfect real government.
But if you you're only at level 2, which is how I read your post, you're comparing imperfect real markets with idealized perfect government.
> Or do they think that in every case government makes more bad...
There are levels of insight here.
1. Free markets create wealth and make everyone better off. Go libertarianism!
2. Economics shows the are market failures in the real world. Go socialism!
3. Public Choice theory shows there are major government failures in the real world. Go...?
Once at level 3, reasonable people can disagree in what cases imperfect real markets are superior to imperfect real government.
But if you you're only at level 2, which is how I read your post, you're comparing imperfect real markets with idealized perfect government.