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IFF To Govt: Stop Economic Plotting

I have an amazing job that lets me travel the state to talk about free markets. During these travels, I get to hear from and talk to numerous local elected officials who truly care about their communities. Unfortunately, many of these officials think they have a supernatural understanding of their local marketplaces and the ability to manipulate these markets to be whatever they want them to be. It really doesn’t matter where I go: Nampa, Boise, Pocatello, Ketchum, Post Falls or Sandpoint. Every town has self-proclaimed economic gurus who are making judgments about how to use taxpayer dollars to achieve unparalleled levels of economic prosperity/ Wayne Hoffman , Idaho Freedom Foundation. More here.

Question: What role should local government play in economic planning?

* This story was originally published as a post from the blog "Huckleberries Online." Read all stories from this blog