“From Cradle to Grave”  Lexis Nexis Xchange
May 1997
ISSN 01617389

Page 6

As Israel Kirzner, professor of economics at New York University, has said, “It is the individual who has goals and who deliberately deploys his perceived resources in order to achieve his goals most efficiently, so far as is possible. To transfer this important concept of individual allocative choice to society as a whole is, at best, to engage in metaphor. Society, as such, neither possesses goals of its own nor deliberately engages in allocative choice.”