In the jungle, consumers compete, tooth and claw, with each other for scarce food. In the market, producers compete, peacefully, with each other, producing abundance for consumers. In the jungle, the rule is: eat or be eaten. In the market, it is: serve so that you may be served.
Billionaire Welfare Queens and Their Sycophants
We’ve all seen the memes: “You do not earn a billion dollars. You steal it. Nobody works a billion times harder than a nurse, a teacher or a farmer. That wealth comes from underpaying the people who actually did the work.” The other end of the spectrum is the slogan:...
