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Stone Age Economics

The concept that government had a genuine role to play in regulating the market came into being in the early part of the 20th century.  There is no evidence showing any beneficial effects from such interference… quite the contrary.

Of course, governments had always plundered “their” working people, but none had ever had the cheek to justify it as being in the best interests of the people prior to the 20th century.

The utter failure of the most extreme examples of such central planning (U.S.S.R., Cuba, Zimbabwe, North Korea etc) has done absolutely nothing to dampen the enthusiasm of the central economic committees of the world.

A centrally planned economy has as much chance of success as a vast committee trying to centrally organize hand movements amongst the people of ‘their’ nations.

Whether it goes under the brand of Keynes, Friedman or Marx, government control of an economy, through legislation, should be named for where it inevitably leads nations… Stone Age Economics.

Categories: Anarchy
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