| The
Obscene
HAND Waives the “Unseen Hand ” |
Herds of wild animals
and Tribes of people
demonstrate the benefit
of gathering together
to protect each other,
hunt for food,
and Trade
the Skills of craft work
for the Strength of
building shelter and
other Labor. The Hand of a Guide, or a General— is seen to direct a “Hunting Party ” or Cavalry Soldiers. The “Invisible Hand ” guides each person who negotiates agreements and trades in a community FAIR and the Free Market. Adam Smith observed: the Labor of making Pins was Divided into separate tasks for each worker. The “Production Party ” of Specialized workers Increased production and Quality of Life. Dividing the Labor in the Pin Factory makes possible the Mass Production of greater wealth achieved by Voluntary Co‑operation. “Everyday Low Prices” of Wal Mart and special trades of eBay are the Free Market improvements of a community FAIR. Each Buyer is a Guide— of the Bargain “Hunting Party ” to Signal the Prices of the Free Market. Price gouging is Defeated by every person who Gauges the Prices and advantages of any competitor and walks toward better Price Signals. Market Prices guide each person— to learn specialized skills, innovate, reject errors, and create complex exchanges— to gain Efficiency of Specialized and Mass Marketing. The Hand of Government Central Planning is seen— to command the Industrial Army in the Worker’s Paradise. Quotas, Rationing, Price Controls, and Minimum Wage Commands are seen, and Enforced— to Guide the Tribe which does Not Recognize Private Property. Ludwig von Mises Identified Private Property— is the Fundamental which makes possible the Price Signals which Guide Free Market agreements. Profit Management and Economic Calculation explain the Guidance of the “Invisible Hand.” Profit Signals make it “possible to apply a method of reckoning and computation” to guide each person in social relations. Comparison of alternative means to achieve desired goals was explained by Ludwig von Mises in: Economic Calculation In The Socialist Commonwealth. This was originally published in 1920, and predicted the Economic Collapse of the Soviet Union. Observe the continuous changes to improve production and selling the satisfactions most eagerly desired. The “ production of wealth would increase dramatically if individuals were allowed to pursue their self‑interest, with little interference from government. And in serving their own interests, individuals would serve the public interest, unconsciously, as if guided, as he said, by an ‘Invisible Hand.’ Better the unseen hand than the HAND of the State.” Government cannot operate as Business. The Obscene HAND of Government prohibits Colchicine, Incandescent Light Bulbs, controls Health Care and other industries. Nader Refund Pretense of Medical Knowledge. Many “Oral Colchicine products have been used by the medical community for decades.” “ It is a priority for the FDA to get unapproved medications, . . . off the market.” Lamar Alexander speech: International Competition Boeing’s Right to Flight Labor Unions President Obama addresses the AFL‑CIO LESSons: More Tax Revenues. Irish Low‑Tax Strategy Death Knell for Tax Havens? “ What then will become of my tariff? ” Capitalism: The Unknown Ideal, The Anatomy Of Compromise. 1. Opponents that claim to have the Same Basic Principles are not consistent. Clear understanding of the Goal is most effective Means to persuade agreement, and gain the desired End Result. President Obama urges “Compromise,” and threatens to Veto any proposed budget legislation which does not Yield to his desires. This implies the Demand to Betray the Primary Means of less spending, and avoid restraint of more Taxation—  to avoid default  and Increase prosperity. 2. If one Partner of a Business Partnership is Honest, and the other is a swindler, the Good reputation disarms the victims of the partner who swindles. The more Evil or Irrational initiatives will prevail when collaboration occurs. President Reagan “presided over 18 increases in the debt ceiling during his presidency.” “Reagan agreed to raise taxes 11 times.” President Reagan “had no interest in increasing taxes, but he agreed to consider some kind of compromise with Congress.” “ From the outset, the basic idea of the GOP participants was to trade some kind of concessions on the tax front for a Democratic agreement on spending cutbacks.” “ The ratio in the final deal— . . . $3 in spending cuts for every $1 in tax increases.” “ The tax increases were promptly enacted— . . . but the promised budget cuts never materialized.” Warning— Verify your Fundamental Premises: Yankee sympathies, The History, “ lunatic fringe ” One Sole Cause, The Nature of Government. Failure of Interventionism [ Government ] Capitalism: The Unknown Ideal Critique of Capitalism, The Battle of Ideas! Metaphor from Alan Greenspan: “ the government, through the Federal Reserve System, put a penny in the fuse‑box.” Government policy enforced thrift during World War II, “and the government placed severe restrictions on consumption.” Greenspan’s Fatal Conceit: “deregulation” of banking industry. Letters to Editor: Job‑creating ideas, Progressive burnout. EPA Caps‑Off [ Jobs in pipeline ] John Duncan critiqued EPA. Against Environmentalism BankDis.org Isonomia.us LandGrab.US ScoolDaze.com Yearn to EARN ! “ To maintain the Constitution as it is, and to restore the Union as it was.” The Man Without A Country Objectivism Reference Center Inflationary Disaster |
|---|