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To: ReleaseTheHounds
“Free to Choose” has a chapter that everyone should read. He describes four scenarios for spending. The most inefficient is when someone else (like government) is spending another’s money for what they (government) wants. The most efficient is the individual spending for their own benefit. Other, intermediate scenarios are like when someone buys another a Christmas or Birthday present, they can be more inefficient, but that scenario is not as bad as the one where the spending is so detached from the individual.
The key is that collectivism destroys personal initiative. GO FIGURE
11 posted on 09/09/2007 10:52:50 AM PDT by GeorgefromGeorgia
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To: Borax Queen; MacArthur; Marcin; rxgalfl; tired1; etabeta; Swordfished; pretorian_PL; vader69; ...
Eastern European ping list

FRmail me to be added or removed from this Eastern European ping list

12 posted on 09/09/2007 3:40:12 PM PDT by Grzegorz 246
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