The principle of spontaneous order – or of “undesigned order,” as it might more properly be called – can be viewed as the first principle of economics. Indeed, James Buchanan has recently gone so far as to suggest that it is the only principle of economics. The principle is, in any case, a cornerstone of modern economics, whether we trace modern (i.e., post-mercantilist) economics back to Adam Smith and the other Scottish moral philosophers, or to the Physiocrats. With this principle, scholars for the first time could see economic phenomena as interdependent events. Indeed, this principle made it possible to reason systematically and coherently about economic phenomena. Much of nineteenth century economics can be seen as consisting of developments of this principle (along with minority criticisms of the principle and the systems of thought deduced therefrom).
Charity is not charity when it is collected as taxes
Socialists / Statists believe that charity begins and ends with Government; if Government doesn’t do it, it’s not worth it nor is it charity. If you have examined, oh say Joe Biden’s tax return, you see how miserly he is (even as he and his wife are part of the 1%). We’ve blogged about many … Read more






