The virtues of the free market do not depend upon the virtues of the men at the political top but on the dispersed powers of substitution exercised by men in their role as consumers. In that role, a truly competitive market enables them to exert the energy which enforces the neutrality of business decision-making in respect of race, colour, creed, sex, class, accent, school, or income group
William H. Hutt (left, above), The Economics of the Colour Bar (1964), p. 174 – 5.
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W. H. Hutt
