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Title: Free Markets are Nature's Design -Martin Armstong Post by: btcbug on March 19, 2016, 09:44:01 PM Quote We each have our role in society and in nature. The rich and the poor are part of the whole. This idea that everyone must be “materially” equal I have noted even violates the Ten Commandments. In nature, one species preys upon another. It may be horrible to watch, but you cannot pass a law to make it all fair and nice in nature. So why do we think we can do that among ourselves? ... Quote Free Markets prevail in every layer of nature and that includes our society and will cause the rise and fall of nations in ways we cannot imagine. This short video demonstrates that just sometimes nature is the answer for there is an inherent balance even if we do not want to acknowledge it. The Free Markets function in the same manner. We outlawed booze creating prohibition and that funded the Mafia. No matter what we do, there is a ripple effect with unintended consequences. Source:https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/free-markets-are-natures-design/ (https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/free-markets-are-natures-design/) Great piece! Free markets (voluntary exchanges between individuals) arise naturally. In any transaction, assuming it is voluntary by both parties, it is morally wrong and as MA points out also very foolish for a third party to forcibly intervene. PERIOD. |