Economist Steven Landsburg wrote in his book ”The Armchair Economist: Economics and Everyday Life” about the invisible hand:
It is something of a miracle that individual selfish decisions must lead to a collectively efficient outcome.
Economist Steven Landsburg wrote in his book ”The Armchair Economist: Economics and Everyday Life” about the invisible hand:
It is something of a miracle that individual selfish decisions must lead to a collectively efficient outcome.
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Join Zycher and a panel of experts to discuss the local and national implications of tax and expenditure limits.
I want to agree wholeheartedly with this, but at some point selfishness leads to absolute evil. It needs to be restrained by law. That was the genius of the founders: freedom and law.
What the lefties don’t get is that the invisible hand is smarter than any policy wonk. We righties need to remember that the invisible hand might just be the hand that wrote on the wall all those years ago.
In an environment of freedom of action, how could your selfishness force anyone to do anything — evil or otherwise — that they didn’t want to do?
Leftists are far more selfish than normal people. Their accusations against successful people are just projection.
Leftists adopt children far less than conservatives.
Leftists donate far less to charity than conservatives (indeed, leftists often draw paychecks from bogus charities designed to dupe well-meaning people).
Leftists have a lust for power far greater than a businessman’s lust for money.
“but at some point selfishness leads to absolute evil“…
How do you mean jd?
The use of physical force for a desired outcome?
The paradox of the commons: individuals acting in their own interest will collectively destroy a commonly-held asset, e.g. common pastures, fish stocks, and water supplies.
Revised: The paradox of the commons without well-established property rights: individuals acting in their own interest will collectively destroy a commonly-held asset, e.g. common pastures, fish stocks, and water supplies, which is why we need property rights instead of common property.
“The paradox of the commons: individuals acting in their own interest will collectively destroy a commonly-held asset, e.g. common pastures, fish stocks, and water supplies.”
And Eastern Europe during the cold war was just like another garden of Eden.