Tuesday, July 26, 2011

Conservative Economics

The central mystery of conservative economics is that it is based on two fundamental truths

  1. Without various services of government such as incorporation, copyright, licensing the radio spectrum and others, American business would not be able to compete and be profitable.
  2. Government does nothing of any value for business, it only takes and hinders.

One might think these are contradictory, but this is just the central mystery.

Note: Actually, the above is tongue-in-cheek. A careful examination of conservative economic thinking reveals that they are not contradictory per se. Rather when providing the above services, they are essential. When charging money for them, they were never really needed.

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