Why we MUST have a Free Market

I don't know much about economics. Well, I should say, I didn't know much about economics until I read Thomas Sowell's Basic Economics. He makes the subject so clear, so logical, so obvious and so easy to understand, that you're embarrassed you didn't learn it years ago—because you thought it was too boring and too complicated.

But against all expectation, it turns out the underlying reality is bone-headedly simple.

The weird thing is, nobody seems to know this stuff. I thought I was the dumb one...everybody's always talking about the economy...particularly politicians...and I always assumed they knew more than I did. But once I read Basic Economics, I realized they were full of unmitigated shit—dangerous, menacing, treacherous, destabilizing, impoverishing, bankrupting shit. The difference between me and them was that I never pretended to understand it; I never made policy decisions that would ruin millions because I was an ignorant idiot who thought I had a clue—and used my unmerited power to foist my delusions on the entire country.

In a nutshell, Basic Economics demonstrates that a Free Market insures the greatest prosperity for the greatest number of people. End. Of. Story. There is no argument; there are no contradictory facts; there is no contradictory historical evidence; it is a pure-dee fact without a shred of plausible refutation.

In the history of the world, there has never been a more successful economic system. Ever.

Let me state it again, just to be sure it's perfectly clear:

FREE MARKET = GREATEST PROSPERITY FOR THE GREATEST NUMBER OF PEOPLE.

This are words to live by. (And die by.) Anything that encroaches on the Free Market beyond a few sensible laws like you can't advertise rat poison as a sleep aid...are detrimental to the greatest prosperity for the greatest number of people.

There is more measurable (scientific) proof of this fact than for the Theory of Evolution...a theory accepted by our society as so indisputable that it is taught to every school child as a stone fact.

Yet the inestimable benefit to society that is a Free Market Economy, the proven fact that it creates the greatest prosperity for the greatest number of people—always—every time—forever and ever amen...is not only not taught as a fact, but is disputed by ivory tower hysterics without demonstrable facts, without historical evidence, without anything but an emotional addiction to Utopian delusions of perfection—and actually taught as evil, greedy, pernicious and immoral by every chicken-neck in Big Education.

And it's even worse than that.

Nobel Prize winner in Economics, Friedrich Hayek, wrote a little book in 1944 called The Road to Serfdom, and in it, he made another profound and unarguable assertion: A Free Market Economy is necessary for human Liberty.

In this critical time when our Free Market has been crippled by incompetence and ignorance for years, and is currently even more threatened by the stupendous idiocy and stupidity of the entire Democratic Party, and 3/4 of the GOP moon howlers—and the pathetic apathy and ignorance of the citizenry, this one thing, this magic bullet that absolutely guarantees a better life for us all and our posterity...and is necessary for our very Freedom, is in danger of being given away.

Not, as you might imagine, lost though fought for valiantly, not, as you might hope, defended to the last man...but casually, out of sheer dopey, moronic laziness and psychotic folly...traded away for the soothing croon of "Imagine" sung by The People's Choir.

Socialism is what they're selling us. And we're buying just as fast as we can get our few last privately owned dollars together to hand over. And we will wake up without quite enough bread, or quite enough oil, or quite enough heat, or quite enough shoes, or quite enough ice cream, or quite enough televisions that actually work, or quite enough cars than run for 2 years, or quite enough toilet paper, or quite enough scientific breakthroughs or quite enough lifesaving new medicines, or quite enough...

Because without a Free Market...no one has any idea what people want, how much of it should be made available, and what they're willing to pay for it. And that is precisely why in all Socialist countries, there is too much of what people don't want, and not enough of what people do. Central planning doesn't ever get it right. The Free Market always does.

Socialist Central Planning, is, by definition, plagued with shortages and waste. Valuable and limited resources are directed to the wrong things in the wrong amounts in the wrong way at the wrong time for the wrong cost.

That is not Socialism "badly administered". It is the inherent, fundamental characteristic of Socialism: inefficiency. And it produces, without exception: want, shortage, hunger, squalor, low quality as well as limited, goods and services.

When our government bails out banks at taxpayers expense they're interfering with the Free Market. When our politicians give more power to the Fed to control and interfere with business, commerce, the economy, the money supply, they're crippling the Free Market.

And that's a BAD thing.

Friedrich Hayek's The Road to Serfdom, and Thomas Sowell's Basic Economics should be required reading in every High School in America. Every single graduate of our school system should have read and understood the well documented principles in these two books. If they did, we might not be facing the imminent threat of a anti-Free Market takeover by the brainless goons like Obie on the Left, and the ignorant fools like McCain on the...Left.

If you haven't read these two classics, read them. And make your friends read them. It won't make you an Economics Nobel Prize winner, but you'll sure understand what criminal dangers are on the track our Big Government train is hurtling down.

If we let the clowns in Washington dismantle the Free Market any more than they already have, with their stupid, empty gestures of "doing something" because people are stupid and buy things they can't possibly afford...we are going to live in a permanent depression—think Soviet Union—where today's economic uncertainties will be fondly remembered as The Golden Age.

The Gunslinger