The Yankee economy thrives on chaos?
The Yankee economy thrives on chaos?
You’re right.
Billions of transactions a day most of them planned by individuals without thought of other people’s transactions, everyone doing so for selfish reasons such as, I’m hungry, my kid needs new shoes, the car needs gas, I’m out of condoms, gotta paint the hallway, and so on. Nothing so big can be planned.
It’s all about the invisible hand.
What does 'Invisible Hand' mean
Invisible hand is a metaphor for how, in a free market economy, self-interested individuals operate through a system of mutual interdependence to promote the general benefit of society at large. It was introduced by Scottish enlightenment thinker Adam Smith in his book “An Inquiry into the Nature and Causes of the Wealth of Nations” (1776).
https://www.investopedia.com/terms/i/invisiblehand.asp
Yes he does appear to be reverting to childhood .Cliffy is demonstrating why many old people are placed in care facilities.
Happy Easter Breezy:
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Don’t confuse capitalists with crony capitalists.Fantastic Walter, you are right. Too bad a lot of modern capitalists dodn't fit into Smith's concept of capitalism.
Don’t confuse capitalists with crony capitalists.
Don’t confuse capitalists with crony capitalists.
Non-crony capitalism has never existed. It's as much a fantasy as your insane delusion that everybody was white and happy in the 1950s.
You mean Father Knows Best , and Leave it to Beaver were all a lie , tell me it isn’t so .Non-crony capitalism has never existed. It's as much a fantasy as your insane delusion that everybody was white and happy in the 1950s.
You mean Father Knows Best , and Leave it to Beaver were all a lie , tell me it isn’t so .
Non-crony capitalism has never existed. It's as much a fantasy as your insane delusion that everybody was white and happy in the 1950s.