Three Western New York Counties
A VIRTUAL TREASURE WITHIN OUR FREE ENTERPRISE SYSTEM
February 13, 2012
How fortunate we are! Our three western New York Counties of Chautauqua, Cattaraugus, and southern Erie is a virtual treasure of productive, bountiful, and beautiful recreational and travel wonderland of hills, lakes, valleys, and plains. In many ways, they lead to trails of geographical treasure. We are fortunate to have available, for residents and visitors alike, prosperous small businesses, productive farms, and energetic individuals, providing needed products and valuable services. In addition, we have quality schools, superb higher educational institutions, and an available and talented work force of skilled and energetic individuals. We are fortunate to have access to quality heath care personnel and emerging health care facilities. We have conscientious public service personnel in our communities, and a creative infrastructure supporting a desirable quality of life. And the vitality of all of these creative features are energized by a vibrant and dynamic free market system.
Free enterprise and the individual go hand in hand. Economic freedom and free markets cannot exist without political freedom. It is difficult to have the one without the other.
History has shown that the free market creates more wealth and opportunity for more people than any other economic model. It is the most transformational of economic systems devised by individuals. The free market fosters inventiveness and creativity and produces more opportunities, industries, products, services, and developments than any other system in the world.
M. Andrew Burr, a native and resident of this area, said it well. Mr. Burr is a well recognized and knowledgeable economics scholar and a highly talented and credentialed financial professional... with an informational base richly combined in economics and finance. He stated jointly with "yours truly" in a published column some time ago, "Perfect competition is the most equitable distributor of resources, not government. When there is unnecessary intervention of government into the process, the free market is deprived of the pricing mechanism indispensable to its success. It is the ultimate irony for those responsible for any dilemma... that they justify further intervention by claiming that the free market does not work, when in reality it is unnecessary government intervention which created and intensifies the problem."
Many economists have concluded that the free market promotes self-worth, self-sufficiency, shared values, and honest dealings, which enhance the individual, the family, and the community. It discriminates against no race, religion, or gender. The free market is an intricate system of voluntary economic, social, and cultural interactions that are motivated by the desires and needs of the individual and the community. There is symmetry between the free market and the well being of the society and one simply cannot exist without the other.
We believe that the individual knows best how to make and spend that which has earned from one's own labor and to provide for one's own family than do large bureaucracies populated by strangers who see classes of people rather than the individual. It was James Wilson, who observed, "By exclusive property, the productions of the earth and means of subsistence are secured and preserved, as well as multiplied. What belongs to NO one is wasted by EVERYONE but what belongs to one individual in particular is the object of his economy and care."
Ah yes, in our society, it is the individual who is the smallest of minority and the free market... made up of individuals... truly serves as the backbone of our economy. And, within our three western New York county area, our local communities lead to virtual treasure trails of reality and possibility. For they are the underpinning essence of comprehensiveness and wholesomeness in a quality of life for the people who live, work, and travel these hills, valleys, and plains. And that is how I see it FROM MY PERSPECTIVE.