Thursday, June 07, 2007

The free market, made easy

Leave it to Walter Williams to take the complex and explain it in a simple way. Here is his example of how the free market works, and how it helps all of us:
Say that I mow your lawn and you pay me $30, which we might think of as certificates of performance. Having mowed your lawn, I visit my grocer and demand that my fellow men serve me by giving me 3 pounds of steak and a six-pack of beer. In effect, the grocer asks, "Williams, you're demanding that your fellow man, as ranchers and brewers, serve you; what did you do to serve your fellow man?" I say, "I mowed his lawn." The grocer says, "Prove it!" That's when I hand over my certificates of performance -- the $30.
To read the rest of his column about the compassion of the free market and the tyranny of socialism, click here.

Good Day to You, Sir

1 comment:

The Vegas Art Guy said...

Well said. Why do people keep messing with a system that's not broken?

Answer: To keep and acquire more power. Look how many people are on the dole and which way they vote. Make them beholden to them and they'll keep you in power.

Power Corrupts, Absolute Power Corrupts Absolutly