Individuals Have Unlimited Wants and Desires and That Prevents Persistent Unemployment.

This may be the most difficult lesson in the world to learn, because it continually forces people to trust that their best hope of being provided for comes from an “invisible hand.” Attempting to grab hold of the reigns of the economy in order to force economic security always results in disaster.

Kinda reminds you of something you heard about the gospel, doesn’t it?

Why, Even Some Automakers Support it!

Why, Even Some Automakers Support it!.

Perhaps this ‘endorsement’ is simply the simpering “yes, massa” of corporate executives now servile to leviathan.

Or maybe this support reflects some automakers’ realization that satisfying this mandate will be more costly for their competitors than for them – and, hence, that the mandate will increase the market power of these supportive automakers by differentially burdening, and perhaps even bankrupting, some of their rivals.