Re:Is growth in the financial sector good for the economy?
by sillygeese on Tuesday July 21, 2015 @12:18AM
(#9920542)
Maybe it was poorly phrased. Here's another attempt.
Any degree of central planning is harmful to us because: 1) it always represents an opportunity cost compared to people making choices themselves, and 2) the choices made by central planners are not made to benefit the masses (because otherwise they'd just let people make the choices themselves)
What would be the point of being in a position to make decisions for other people, if you were just going to do your best to benefit others, instead of yourself?
Any degree of central planning is harmful to us because: 1) it always represents an opportunity cost compared to people making choices themselves, and 2) the choices made by central planners are not made to benefit the masses (because otherwise they'd just let people make the choices themselves)
What would be the point of being in a position to make decisions for other people, if you were just going to do your best to benefit others, instead of yourself?