238. What Is The Invisible Hand?

One of the most important principles in free market economics is the concept of the invisible hand. In his book “The Wealth of Nations,” economist Adam Smith wrote about the invisible hand, a metaphor for the benefits society gets when people act in their own self interest.

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Taxation Isn’t Theft

There are three different terms law enforcement will use to describe crimes in which private property is stolen. Theft is the simplest: it entails the action of stealing. Burglary is when a building is entered illegally with the intent to commit a crime. Most often, the crime involves theft. Finally, robbery is another form of stealing—but unlike simple theft, this involves physical coercion: a gun drawn, a knife pointed, some threat of violence. So if we’re going to use precise language, taxation isn’t theft. It’s much worse: it’s armed robbery. If you think I’m being dramatic, ponder for a moment how the IRS actually works.  First, the government demands that you give a certain portion of your income to them. Remember, they can change the numbers of what you owe at any time. Then, they spend your money on whatever they want… No matter how their plans and policies may violate

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